The USD/JPY awaits more rise – Analysis – 22/04/2022

jy-l3The USDJPY pair leaned on the intraday bullish trend line that appears on the chart, waiting to resume the bullish trend that targets 130.00 as a next main station, supported by the EMA50 that continues to carry the price from below.

Note that breaking 128.10 will put the price under intraday negative pressure to head towards visiting 127.00 before any new positive attempt.

The expected trading range for today is between 127.80 support and 129.00 resistance

The expected trend for today: Overall bullish

Origin: Economies

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