The USDJPY pair provided negative trades to move at the EMA50 that forms good intraday support against the price, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its first target located at 114.70.
In general, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 113.40.
The expected trading range for today is between 113.40 support and 114.50 resistance
The expected trend for today: Bullish