The USDJPY pair resumes its positive trading strongly by today’s opening to reach the thresholds of the first waited target at 108.30, reinforcing the expectations of achieving more gains in the upcoming sessions, supported by the EMA50, reminding you that breaching the mentioned level will extend the bullish wave to reach 109.30.
Therefore, the positive scenario will remain suggested unless breaking 106.70 level and holding below it.
The expected trading range for today is between 107.70 support and 109.00 resistance
The expected trend for today: Bullish