The USD/JPY approaches the target – Analysis – 30/03/2021

jpy_2_newsThe USDJPY pair resumes its positive trading clearly to approach our waited target at 110.30, moving inside a bullish channel that supports the chances of achieving more gains on the intraday and short-term basis, to extend the positive targets and reach 111.00 as a next main station.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 109.20 and holding below it.

The expected trading range for today is between 109.40 support and 110.70 resistance

The expected trend for today: Bullish

Origin: Economies

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