The USD/JPY continues to rise – Analysis – 29/01/2021

news_22_feb_1_usd_jpy-The USDJPY pair opens today’s trading with clear positivity to move away from 104.00 barrier, reinforcing the expectations of continuing the bullish trend, and the way is open to visit 105.20 that represents our next station.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 103.65.

The expected trading range for today is between 104.00 support and 105.20 resistance

The expected trend for today: Bullish

Origin: Economies

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