The USDJPY pair hovers around the EMA50, noticing that stochastic managed to gain the positive momentum and begins to provide positive overlapping signals now, which reinforce the chances of resuming the expected bullish trend on the intraday basis, which targets testing 111.56 level mainly.
Therefore, we will keep our bullish overview for today unless breaking 110.24 level and holding below it.
The expected trading range for today is between 110.00 support and 111.56 resistance
The expected trend for today: Bullish