The USDJPY pair confirmed the return to the main bullish channel, and approached our first waited target at 145.00, waiting to surpass this level to open the way to achieve additional gains that reach 145.90.
The EMA50 keeps supporting the price from below, to reinforce the expectations of continuing the bullish trend in the upcoming period, noting that the continuation of the bullish wave requires holding above 144.00, as breaking it might press on the price to decline towards 142.55 areas before any new attempt to rise.
The expected trading range for today is between 143.70 support and 145.50 resistance
The expected trend for today: Bullish