The USDJPY price needs strong positive motive – Forecast today - 24-04-2024

Economies.com
2024-04-24 03:55AM UTC

USDJPY Price Analysis

USDJPY Scenario:

  • The tight range dominates the USDJPY price trades in the previous sessions, which continues to move around 154.78 level, waiting to get positive motive that pushes the price to breach this level and confirm rallying towards 156.00 as a next main target.
  • Therefore, our bullish overview will remain valid as it is without any change unless breaking 154.20 and holding below it.

Trading Range:

  • The expected trading range for today is between 154.10 support and 155.60 resistance.

Trend forecast: Bullish

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