The USD/JPY achieves more gains – Analysis – 01/09/2022

uasd-jpyThe USDJPY pair provided new positive trades by today’s open to succeed achieving our waited target at 139.40 and attempts to hold above it, to support the chances of continuing the bullish trend in the upcoming sessions, on its way to test 140.55 as a next main target.

Therefore, we are waiting for more rise on the intraday and short term basis, taking into consideration that holding above 139.00 is important to continue the suggested bullish wave.

The expected trading range for today is between 139.00 support and 140.30 resistance

The expected trend for today: Bullish

Origin: Economies

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