The USDJPY pair rallied upwards clearly yesterday to breach 135.30 and approach the recently recorded top at 136.70, to head towards regaining the main bullish trend and stop the bearish correction that dominated the recent trades, and it needs to breach the mentioned top to open the way to achieve additional gains that reach 137.50.
The EMA50 supports the expected rise for the upcoming period, taking into consideration that failing to achieve the required breach will press on the price to decline again and head towards 134.70 followed by 134.30 levels initially.
The expected trading range for today is between 135.60 support and 137.00 resistance
The expected trend for today: Bullish