The USDJPY pair touched the sideways range’s support line at 103.65 and bounced upwards clearly from there, to head towards potential test to this range’s resistance at 104.76 in the upcoming sessions, to keep the sideways range dominant on the intraday trades until the price manages to surpass one of the mentioned levels.
To review the expected targets after the breach, please check our previous report.
The expected trading range for today is between 103.40 support and 104.75 resistance
The expected trend for today: Sideways