The USDJPY keeps achieving the positive targets – Analysis - 22-08-2022

Economies.com
2022-08-22 02:50AM UTC

The USDJPY pair surpassed 136.40 level strongly and rallied upwards to touch our first additional target at 137.35, noting that today’s strong positivity supports the continuation of the bullish trend on the intraday and short term basis, noting that our next targets reach 138.70 followed by 139.40.

 

Therefore, the bullish trend scenario will remain active unless breaking 136.40 and holding below it.

The expected trading range for today is between 136.60 support and 138.10 resistance

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The expected trend for today: Bullish

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