The USDJPY pair shows positive trading to move away gradually from the bullish channel’s support, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets testing 111.32 level mainly.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 110.04.
Expected trading range for today is between 110.00 support and 111.50 resistance,
Expected trend for today: Bullish