The USD/JPY begins positively – Analysis – 14/10/2021

jy-l3The USDJPY pair opens today with clear positivity to resume the bullish trend, supported by stochastic positivity that appears on the four hours’ time frame, besides the EMA50 that continues to carry the price from below.

Therefore, we are waiting for more rise in the upcoming sessions, noting that our next target is located at 114.00, while holding above 113.10 represents key condition to achieve it.

The expected trading range for today is between 113.00 support and 114.20 resistance

The expected trend for today: Bullish

Origin: Economies

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