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The USDJPY within tight range – Analysis - 23-02-2023
The USDJPY pair fluctuates within tight range in the previous sessions, and continues to test 135.00 barrier, waiting to get strong positive motive that assists to push the price to surpass the mentioned level and open the way to achieve our next positive targets that start at 135.70 and extend to 137.70.
The EMA50 continues to organize the expected bullish wave, which requires holding above 134.40 as a first condition, as breaking it will push the price to achieve temporary decline and test 133.30 before any new positive attempt.
The expected trading range for today is between 134.00 support and 135.70 resistance
The expected trend for today: Bullish
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