The USDJPY tests the support – Analysis - 02-02-2022
Economies.com
2022-02-02 05:34AM UTC
The USDJPY pair tests the key support 114.65 and settles there, noticing that stochastic shows positive signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 115.40 followed by 116.35 levels as next main stations.
On the other hand, we should note that breaking 114.65 will stop the suggested rise and press on the price to return to the correctional bearish track again.
The expected trading range for today is between 114.20 support and 115.40 resistance
The expected trend for today: Bullish
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