The USD/JPY within sideways track – Analysis – 04/05/2022

jy-l4The USDJPY pair continues to fluctuate within sideways track between 129.60 and 130.25 levels, keeping its stability inside the main bullish channel, thus, no change to the bullish trend scenario that its next main target located at 132.00, which its continuous requires holding above 129.60 and the most important above 129.10.

The expected trading range for today is between 129.60 support and 130.90 resistance

The expected trend for today: Bullish

Origin: Economies

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