The USDJPY price succeeds to breach – Forecast today - 25-04-2024
Economies.com
2024-04-25 04:07AM UTC
Expected Price Scenarios
- The USDJPY price has breached 154.78 and holds above it, reinforcing expectations of a bullish trend continuation.
- The target is set at 156.00, with the price moving within bullish channels that have additional positive targets reaching 157.30.
- We suggest the bullish trend for the upcoming period, with a note that breaking 154.40 will stop the expected rise and trigger a bearish correction on the intraday basis.
The expected trading range for today is between 154.60 support and 156.20 resistance.
Trend Forecast: Bullish
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