The USDJPY tests the channel’s support – Analysis - 26-04-2022
Economies.com
2022-04-26 01:28AM UTC
The USDJPY pair faced negative pressure yesterday to test the main bullish channel’s support line that appears on the chart, noticing that stochastic provides clear positive signals now, waiting to motivate the price to resume the bullish wave that its next target reaches 130.00.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 127.70 and holding below it.
The expected trading range for today is between 127.50 support and 128.80 resistance
The expected trend for today: Bullish
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