The USDJPY pair tested the key support 111.65 yesterday and kept its stability above it, to keep the bullish trend scenario active for the upcoming period, supported by the EMA50, waiting to visit 112.70 that represents our next main target.
We remind you that breaking 111.65 will stop the expected rise and press on the price to extend the correctional bearish wave towards 111.40 and might extend to 111.00 before any new attempt to rise.
The expected trading range for today is between 111.40 support and 112.50 resistance
The expected trend for today: Bullish