The USDJPY pair traded with clear negativity yesterday to test the key support 109.00, and as we mentioned in our recent reports, holding above this level is important to continue the bullish trend, as breaking it will push the price to target 108.45 followed by 107.98 levels initially.
The targets of the expected bullish wave begin at 110.04 and extend to 111.31 after breaching the previous level.
Expected trading range for today is between 108.40 support and 110.00 resistance.
Expected trend for today: Bullish