The USD/JPY gets a positive signal – Analysis – 07/01/2022

news_22_feb_1_usd_jpy-The USDJPY pair returned to decline again yesterday, but it attempts to recover now, motivated by the positive overlapping signal provided by stochastic, waiting to resume the bullish trend that targets 116.50 as a next main station.

Therefore, the positive scenario will remain valid unless breaking 115.35 and holding below it.

The expected trading range for today is between 115.30 support and 116.50 resistance

The expected trend for today: Bullish

Origin: Economies

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