The USDJPY surpasses the extended target – Analysis - 29-04-2022

2022-04-29 01:24:10 GMT (Economies.com)
 

The USDJPY pair rallied upwards strongly yesterday to surpass our waited target at 130.00 and settles near 131.00 barrier, to open the way to achieve more expected gains in the upcoming period, noting that the next station reaches 132.00 areas.

 

Therefore, the bullish trend will remain valid on the intraday and short term basis, noting that breaking 130.25 will press on the price to start correctional bearish wave before turning back to rise again.

The expected trading range for today is between 130.20 support and 131.60 resistance

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0184
-0.0064
0.6221%
1.2078
-0.0172
1.4073%
19.902
-0.394
1.941%
89.332
-4.332
4.625%
94.92
0.80
0.85%
1773.140
2.840
0.160%
 
 
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