The USD/JPY completes positive pattern – Analysis – 25/04/2022

jy-l6The USDJPY pair managed to breach the bullish pennant’s resistance that confined the recent trades, to get positive motive that we are waiting to assist to push the price to achieve more expected gains in the upcoming sessions, reminding you that our next target is located at 130.00.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 128.15 followed by 127.30 levels and holding below them.

The expected trading range for today is between 128.15 support and 129.40 resistance

The expected trend for today: Bullish

Origin: Economies

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