The USDJPY tests the resistance – Analysis - 29-11-2022
Economies.com
2022-11-29 04:46AM UTC
The USDJPY pair returned to test 139.45, which formed solid resistance against the price, to start bounced bearishly and head towards resuming the expected bearish wave for the upcoming period, supported by the negative signals provided by stochastic, waiting to visit 137.60 followed by 136.50 levels as next main targets.
On the other hand, we should note that breaching 139.45 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 137.50 support and 139.20 resistance
The expected trend for today: Bearish
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