USD/JPY Forecast. The yen begins positively – Analysis 19-12-2023

jpy_2_newsThe USDJPY pair opens today’s trading with clear positivity to breach 142.76 and settles above it, to head towards recovering on the intraday basis and achieve gains that start by testing 144.47, making the bullish bias suggested in the upcoming sessions.

Breaching the targeted level will lead the price to regain the main bullish trend and stop the bearish correction that dominated the recent trades, while breaking 142.76 will stop the current rise and push the price to decline again.

The expected trading range for today is between 142.76 support and 144.40 resistance

The expected trend for today: Bullish

Origin: Economies

 

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