The USDJPY pair shows sideways and tight trading since yesterday, moving near the key support 113.00 now, and as long as the price is above this level, our positive overview will remain active, supported by the EMA50 that keeps carrying the price from below.
Our main waited target is located at 114.73, while breaking 113.00 will put the price within the correctional bearish track again.
Expected trading range for today is between 112.60 support and 114.00 resistance.
Expected trend for today: Bullish