The USDJPY pair settles around the intraday bullish channel’s support line that appears on the chart, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the bullish wave that targets 131.35 as a next main station.
Therefore, we will keep our bullish overview for the upcoming period, noting that holding above 129.45 is important to continue the suggested rise.
The expected trading range for today is between 129.30 support and 130.50 resistance
The expected trend for today: Bullish