USDJPY Price Analysis
Current Situation
The USDJPY price shows a bullish bias, moving above the 158.00 barrier, reinforcing expectations of a continued bullish trend.
Key Levels and Targets
The price is approaching our first target at 158.40$, with further potential towards 160.20$ upon breaching the initial target.
Continued Bullish Bias
We continue to suggest a bullish trend for the upcoming period, emphasizing the importance of holding above 157.35$ and 156.75$ for the continuation of the expected bullish wave.
Expected Trading Range
Between 157.50$ support and 159.00$ resistance.
Trend Forecast: Bullish
Origin: Economies
