The USDJPY pair shows more bullish bias to move away from 118.40 level, reinforcing the expectations of continuing the bullish trend, which targets 120.00 as a next main station.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 118.40.
The expected trading range for today is between 118.70 support and 119.90 resistance
The expected trend for today: Bullish