The USD/JPY continues to rise – Analysis – 28/02/2022

jy-l6The USDJPY pair shows more bullish bias to test 115.75, and it needs to get positive momentum that assist to push the price to continue the rise and visit 116.35 that represents our next main target.

In general, the bullish trend scenario will remain valid conditioned by the price stability above 114.65, as breaking this level will press on the price to return to the correctional bearish track again.

The expected trading range for today is between 114.80 support and 116.20 resistance

The expected trend for today: Bullish

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply