The USDJPY surpasses the resistance – Analysis - 22-06-2022

Economies.com
2022-06-22 04:20AM UTC

The USDJPY pair rallied upwards to breach 135.60 level and settles above it, to head towards resuming the main bullish trend, opening the way to achieve new gains that start at 137.70 and extend to 139.10.

 

Therefore, we are waiting for more expected rise in the upcoming sessions supported by the EMA50, noting that breaking 135.60 will put the price under the correctional bearish pressure again.

The expected trading range for today is between 135.60 support and 136.80 resistance

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The expected trend for today: Bullish

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