The USDJPY pair shows sideways trading now and moves at the EMA50, and it might test the key support base 107.70 before attempting to rise again.
In general, we will continue to suggest the bullish trend conditioned by the price stability above the mentioned support, as breaking it will press on the price to return to the bearish track again, while the price needs to breach 108.30 to confirm rallying towards our next main target that reaches 109.30.
The expected trading range for today is between 107.00 support and 108.70 resistance
The expected trend for today: Bullish