The USDJPY pair managed to breach 111.40 level by today’s opening, showing more bullish bias to start testing the minor resistance 111.67, which supports the continuation of our bullish overview efficiently in the upcoming sessions, waiting to visit 112.07 level as a next main station.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 111.00.
The expected trading range for today is between 111.00 support and 112.30 resistance
The expected trend for today: Bullish