The USDJPY pair faced temporary negative pressure yesterday to touch 108.77 level, but it bounced bullishly to settle at 109.22 again, which keeps our positive overview valid until now, supported by the EMA50, reminding you that our next targets are located at 109.85 followed by 110.30.
We remind you that the continuation of the bullish wave requires holding above 108.35.
The expected trading range for today is between 108.60 support and 109.85 resistance
The expected trend for today: Bullish