The USDJPY price awaits more rise – Forecast today - 26-04-2024
Economies.com
2024-04-26 03:57AM UTC
USDJPY Price Analysis
Expected Scenario
- The USDJPY price fluctuates around the 155.50 level, affected by the RSI negativity.
- We await positive momentum to assist in pushing the price to continue the bullish bias and achieve targets starting at 156.00 and extending to 157.30.
- The EMA50 continues to support the expected bullish wave, which remains valid conditioned by the price stability above 154.75.
Expected Trading Range
Between the support at 154.75 and the resistance at 156.30.
Trend Forecast: Bullish
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