The USD/JPY resumes the rise – Analysis – 15/10/2021

news_22_feb_1_usd_jpy-The USDJPY pair shows new positive trades by today’s open to approach the waited target at 114.00, and we expect the continuation of the bullish bias to reach 114.70 as a next positive station.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 113.20.

The expected trading range for today is between 113.40 support and 114.50 resistance

The expected trend for today: Bullish

Origin: Economies

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