The (USDJPY) extended its gains in its last trading on the intraday levels, to breach 152.00 resistance, which represents our expected target in our previous analysis, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of steep bullish sub-wave on the short-term basis, indicating the dominance of the buying powers on the near trading, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, which might force the price for some corrective rebounds that target gathering the achieved gains.

Origin: Economies









