The USD/JPY keeps rising – Analysis – 01/06/2022

jpy_1_newsThe USDJPY pair shows additional positive trades to touch 129.00 level now, reinforcing the expectations of continuing the bullish trend, which targets 130.00 followed by 131.35 levels as next main stations.

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid conditioned by the price stability above 127.40.

The expected trading range for today is between 128.50 support and 129.70 resistance

Origin: Economies

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