The USDJPY resumes the rise – Analysis - 18-04-2022

2022-04-18 01:34:58 GMT (Economies.com)
 

The USDJPY pair leaned on the key support 125.00 and bounced bullishly from there, to resume the main bullish trend and succeeds to achieve our waited target at 126.55, which breaching it represents the key to rally to test 127.00 direct.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period conditioned by the price stability above 125.00.

The expected trading range for today is between 126.00 support and 127.00 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0336
-0.0106
1.0133%
1.1971
-0.0077
0.6387%
21.336
-0.021
0.096%
79.445
5.016
6.739%
85.03
1.76
2.11%
1750.215
-0.260
0.015%
 
 
Live Forex Updates