The USDJPY pair resumed its bullish rally to reach 121.00 level, and attempts to confirm breaching it by today’s open, to reinforce the chances of achieving more expected gains in the upcoming sessions, on its way to visit 121.70 as a next station.
Holding above 120.10 is important to continue the expected rise, as breaking it will press on the price to start correctional bearish wave before turning back to rise again.
The expected trading range for today is between 120.50 support and 121.70 resistance
The expected trend for today: Bullish