The USD/JPY achieves more gains – Analysis – 08/04/2022

news_22_feb_1_usd_jpy-The USDJPY pair shows more bullish bias to move above 124.00 barrier now, reinforcing the expectations of continuing the bullish trend, and the way is open to head towards our next waited target at 125.00.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 122.62 and holding below it.

The expected trading range for today is between 123.50 support and 125.00 resistance

The expected trend for today: Bullish

Origin: Economies

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