The USDJPY pair bounced bullishly after testing 23.6% Fibonacci correction level of the last bullish wave that appears on the chart, to resume the main bullish track, organized inside the main bullish channel, waiting to visit 112.65 followed by 113.70 levels mainly.
Stochastic provides positive overlapping signal that supports the expected rise, which will remain valid conditioned by the price stability above 111.65.
The expected trading range for today is between 111.40 support and 112.90 resistance
The expected trend for today: Bullish