The USD/JPY keeps achieving gains – Analysis – 15/03/2022

jpyThe USDJPY pair rallied bullishly again to surpass 118.00 barrier and settles above it, reinforcing the expectations of continuing the bullish trend, and the way is open to head towards our next target that reaches 119.55.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 117.50, noting that the EMA50 keeps supporting the suggested bullish wave.

The expected trading range for today is between 117.80 support and 119.00 resistance

The expected trend for today: Bullish

Origin: Economies

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