The USD/JPY needs the positive momentum – Analysis – 09/09/2022

news_22_feb_1_usd_jpy-The USDJPY pair continues to fluctuate inside the bullish flag pattern, and it needs to breach 144.00 to get positive motive that pushes the price towards our next positive target that reaches 146.20.

Until now, the bullish trend scenario still suggested for the upcoming period, taking into consideration that breaking 143.30 will cause key turn to the trend to the downside, to start the negative targets by testing 141.90 areas.

The expected trading range for today is between 143.00 support and 144.40 resistance

The expected trend for today: Bullish

Origin: Economies

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