The USDJPY pair traded with clear positivity to start testing the recently recorded high at 109.22, waiting to breach this level to confirm opening the way to continue the rise towards our positive targets that start at 109.85 followed by 110.30.
The EMA50 keeps supporting the price from below, reinforcing the expectations of continuing the bullish trend, reminding you that it is important to hold above 108.35 to continue the suggested positive scenario.
The expected trading range for today is between 108.60 support and 109.85 resistance
The expected trend for today: Bullish