The USDJPY pair shows a bullish bias to reach 108.30 level now, and keeps moving within the bullish channel that appears in the image, waiting for pushing the price to breach the mentioned level and opening the way towards the extension of the bullish wave on the intraday and short term basis, where our next target is located at 109.30.
In general, we will keep our bullish trend expectations for today unless breaking 107.70 level and holding with a daily close below it.
The expected trading range for today is between 107.70 support and 109.30 resistance
The expected trend for today: Bullish