The USDJPY touches the target – Analysis - 13-11-2023
Economies.com
2023-11-13 04:23AM UTC
The USDJPY pair managed to touch our waited target at 151.70 and attempts to breach it, to support the chances of achieving more gains on the intraday and short-term basis, noting that the next station reaches 152.50.
The EMA50 continues to support the suggested bullish wave, taking into consideration that failing to breach 151.70 might put the price under strong negative pressure to achieve bearish correction before turning back to rise again.
The expected trading range for today is between 151.00 support and 152.50 resistance
The expected trend for today: Bullish
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