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    Thread: USD/JPY Analysis

    1. 10-27-2023, 04:28 PM #1 Collapse post
      ArwaIbrahim
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      USD/JPY Analysis

      The USD/JPY pair resumed its positive trading to breach 150.15 and settled above it, which supports the continuation of the bullish trend on an intraday and short-term basis, opening the way to head toward our next target at 151.00.

      Therefore, we are waiting for more rises today, and the price is getting good support from the EMA50, noting that breaking 150.15 followed by 149.75 levels will stop the positive scenario and push the price to decline. The expected trading range for today is between 149.80 support and 151.20 resistance.

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