The USDJPY pair continues to fluctuate around 147.86 level and finds difficulty to breach it, noticing that stochastic begins to overlap positively now, waiting to motivate the price to breach the mentioned level followed by rallying towards our next positive station at 149.00.
The bullish channel continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 147.30.
The expected trading range for today is between 147.00 support and 148.70 resistance
The expected trend for today: Bullish