The USDJPY keeps its positive stability – Analysis - 16-08-2022
Economies.com
2022-08-16 03:25AM UTC
The USDJPY pair attempted to break 133.00 but it kept its stability above it, to keep the bullish trend active, and it needs to surpass the EMA50 that forms resistance now at 133.60 to ease the mission of heading towards our waited positive target at 134.50.
On the other hand, we should note that the continuation of the expected bullish wave requires holding above 133.00.
The expected trading range for today is between 132.80 support and 134.20 resistance
The expected trend for today: Bullish
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