The USD/JPY keeps rising – Analysis – 24/03/2022

usd-jpyThe USDJPY pair managed to breach 121.00 level and close the daily candlestick above it, which supports the continuation of the expected bullish trend on the intraday and short term basis, opening the way to head towards our next target at 121.70.

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 120.10.

The expected trading range for today is between 120.70 support and 121.90 resistance

The expected trend for today: Bullish

Origin: Economies

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