The USDJPY resumes the rise – Analysis - 13-06-2022
The USDJPY pair rallied upwards to approach our waited target at 135.00, to support the continuation of the bullish trend on the intraday and short term basis, getting continuous support by the EMA50, which reinforces the chances of achieving more gains that we expect to reach 135.50.
Holding above 133.75 is important to continue the expected rise, as breaking it will force the price to achieve some intraday bearish correction before turning back to rise again.
The expected trading range for today is between 134.20 support and 135.60 resistance
The expected trend for today: Bullish