USD/JPY Forecast. The yen price within sideways track – 17-10-2024

jy-l4The USDJPY price fluctuates within sideways track in the previous sessions, waiting to gather positive momentum that assist to push the price to continue the rise and surpass 150.00 barrier to open the way to head towards our next target at 151.09.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 148.53 and holding with a daily close below it.

The expected trading range for today is between 148.80 support and 150.20 resistance

Trend forecast: Bullish

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