The USDJPY settles above the resistance – Analysis - 25-01-2023

Economies.com
5 days ago

The USDJPY pair settles above the breached resistance that appears on the chart, getting positive support by the technical indicators, to head towards building expected bullish wave in the upcoming sessions, targeting 131.50 followed by 133.30 levels as main positive stations.

 

Therefore, the bullish bias will be expected for today, taking into consideration that breaking 129.70 will stop the suggested rise and press on the price to turn to decline again.

The expected trading range for today is between 129.70 support and 131.40 resistance

The expected trend for today: Bullish

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