The USDJPY pair faced temporary negative pressure yesterday but it rose again to settle above 134.00 barrier, to keep the bullish trend scenario active for the upcoming period, organized inside the bullish channel that appears on the chart, waiting to visit 135.00 followed by 135.50 levels as next main stations.
The EMA50 provides continuous positive support to the expected positive scenario, which will remain valid conditioned by the price stability above 133.60.
The expected trading range for today is between 133.60 support and 134.80 resistance
The expected trend for today: Bullish