The USDJPY returns to test the support – Analysis - 07-03-2022
Economies.com
2022-03-07 04:15AM UTC
The USDJPY pair tested the key support base 114.65 again and begins to rebound bullishly from there, motivated by stochastic current positivity, waiting to resume the bullish wave that targets 115.35 followed by 116.35 levels as next main stations.
On the other hand, we should note that breaking 114.65 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 114.30 support and 115.70 resistance
The expected trend for today: Bullish
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