The USDJPY pair managed to breach the resistance line that appears on the chart and settles above it now, which supports our bullish overview efficiently in the upcoming sessions, supported by the EMA50, waiting to head towards 111.75 followed by 112.14 levels that represent our next main targets.
Holding above 111.40 is important to continue the expected rise, as breaking it will press on the price to test 110.86 areas before any new attempt to rise.
The expected trading range for today is between 110.86 support and 112.20 resistance
The expected trend for today: Bullish