The USDJPY pair bounced higher yesterday after pressing on 113.44 level in the last sessions, to begin testing 114.00 barrier again, waiting for surpassing this level to ease the mission for the continuation of the bullish wave on the short term basis, which organized within the bullish channel that appears in the image.
Therefore, the bullish trend scenario will remain active in the upcoming sessions, and the next main target at 115.50, being aware that holding above 112.75 represents an important condition for achieving the waited targets.
Expected trading range for today is between 113.00 support and 115.00 resistance.
Expected trend for today: Overall Bullish