The USDJPY pair shows more rise to approach our waited target at 111.00, fluctuating with slight negativity now, affected by stochastic negativity, waiting to get positive momentum that assist to push the price to resume the main bullish wave, which its next target located at 111.70.
Therefore, we will continue to suggest the bullish trend that gets good support by the EMA50 unless breaking 109.70 and holding below it.
The expected trading range for today is between 110.00 support and 111.20 resistance
The expected trend for today: Bullish