The USDJPY pair shows some slight bearish bias to test the intraday bullish trend line that appears on the chart, as the price is affected by the RSI negativity, while the EMA50 continues to provide the positive support to the price, waiting to resume the bullish wave that targets 151.70 followed by 152.25 levels as next main stations.
Therefore, the bullish trend will remain suggested for the upcoming period as long as 150.00 level remains intact, as breaking this level will push the price to achieve some bearish correction before turning back to rise again.
The expected trading range for today is between 149.50 support and 151.10 resistance
The expected trend for today: Bullish