The USDJPY surpasses the resistance – Analysis - 08-11-2023
2023-11-08 03:57AM UTC

The USDJPY pair provided additional positive trades to breach 150.10 and settles above it, to head towards achieving expected gains in the upcoming sessions, on its way to visit 151.70 as a next main target.


Therefore, we expect the continuation of the bullish bias on the intraday basis, waiting to get positive momentum that assist to push the price to achieve the suggested target, noting that breaking 150.10 will put the price under the negative pressure again, to head towards 148.25 areas mainly.



The expected trading range for today is between 150.00 support and 151.30 resistance


The expected trend for today: Bullish

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