The USDJPY pair shows positive trades to approach 147.86 level again, supported by the EMA50 that carries the price from below, waiting to breach this level to open the way to head towards 149.00 as a next main target.
The bullish channel continues to organize the suggested bullish wave, waiting to get positive motive that assist to push the price to achieve the required breach and ease the mission of continuing the expected rise, noting that the continuation of the bullish wave requires holding above 146.85.
The expected trading range for today is between 146.80 support and 148.20 resistance
The expected trend for today: Bullish