The USDJPY pair provided good positive trades yesterday but it faced resistance line that appears on the chart, which might push the price to test the key support 110.86 before turning back to rise again.
The EMA50 provides the positive support to the price, to continue suggesting the bullish trend on the intraday basis unless breaking 110.86 level and holding below it, reminding you that we are waiting to target 111.75 followed by 112.14 levels as next main stations.
The expected trading range for today is between 110.86 support and 112.00 resistance
The expected trend for today: Bullish