The USDJPY pair breached 107.70 again and settled above it, crawling towards 108.30 level, making the bullish trend suggested in the upcoming sessions, supported by moving above the EMA50, while stochastic attempts to get rid of its negative momentum and gain the positive momentum on the intraday time frames.
Therefore, we are waiting for more rise in the upcoming sessions, and breaching 108.30 will push the price to 109.30 as a next main target, while the bullish bias will remain valid unless breaking 107.70 and holding below it.
The expected trading range for today is between 107.30 support and 108.70 resistance
The expected trend for today: Bullish