The USD/JPY around the moving average – Analysis – 07/09/2021

jpy_2_newsThe USDJPY pair continues to fluctuate around the EMA50, and it didn’t show any strong move in the previous sessions, thus, no change to the bullish trend scenario that depends on the price stability above 109.20, while its targets begin at 110.15 and extend to 111.00 after surpassing the previous level.

The expected trading range for today is between 109.40 support and 110.40 resistance

The expected trend for today: Bullish

Origin: Economies

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