The USDJPY pair settles above 113.00 level, keeping its stability inside the bullish channel that appears on the above chart, thus, the bullish trend scenario will remain valid on the intraday and short term basis, and the next target is located at 114.73, noting that the EMA50 supports the expected rise.
Note that the continuation of the suggested rise depends on stability above 113.00, as breaking this level will push the price to head towards 111.90 again.
Expected trading range for today is between 113.00 support and 114.50 resistance.
Expected trend for today: Bullish