The USDJPY under the negative pressure – Analysis - 14-02-2022
Economies.com
2022-02-14 05:25AM UTC
The USDJPY pair broke the minor bullish channel’s support line strongly and settled below it, to turn to decline on the intraday basis, on its way to visit 114.65 initially.
The negative scenario depends on the price stability below 116.35, as breaching it will lead the price to resume the main bullish trend that its next target located at 117.00.
The expected trading range for today is between 114.80 support and 116.00 resistance
The expected trend for today: Bearish
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