Currency pair analysis for today, October 21st: USDJPY

The dollar against the yen pair faced temporary negative pressure yesterday, to test the pivotal support 114.10 and maintain its stability above it, as it starts providing positive trades now, noting that the stochastic indicator provides a positive crossover signal on the four-hour time frame, waiting to stimulate the price to resume the main bullish trend, whose next main targets are at 115.00 and then 115.55.

Therefore, we will continue to suggest the bullish trend for the upcoming period, unless the 114.10 level is broken and the prices stabilize below it.

 The expected trading range for today: between the support 113.90 and the resistance 115.00

 The forecast trend for today: bullish