The USDJPY pair breached 127.40 level clearly and settled above it, starting today with additional rise to move away from the mentioned level, to stop the recently suggested correctional bearish scenario and head to resume the main bullish trend again, on its way to achieve gains that start at 130.00 and extend to 131.35.
Therefore, we expect to witness more rise in the upcoming sessions unless breaking 127.40 and hold below it again.
The expected trading range for today is between 127.60 support and 128.80 resistance
The expected trend for today: Bullish