The USDJPY price leans on the support – Forecast today - 29-03-2024
Economies.com
2024-03-29 01:43AM UTC
USDJPY Price Analysis
Expected Scenario: Bullish Trend
- The USDJPY price tested the intraday bullish trend line on the chart and bounced bullishly.
- This suggests an attempt to resume the expected bullish trend for the upcoming period.
- The initial targets start with breaching $151.81 to confirm heading towards $153.00 as the next positive station.
- We continue to suggest the bullish trend on the intraday and short-term basis, conditioned by price stability above $151.10.
Expected Trading Range for Today
- Support: $150.70
- Resistance: $152.20
Trend Forecast: Bullish
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