The USDJPY pair continues to rise, and it needs to surpass 123.90 to ease the mission of rallying towards our next positive target at 125.00.
In general, we will continue to suggest the bullish trend as long as 122.62 level remains intact, noting that the EMA50 keeps protecting the expected bullish wave.
The expected trading range for today is between 123.30 support and 124.50 resistance
The expected trend for today: Bullish