The USDJPY pair opens this week by new bullish rally to approach 114.00 barrier now, reinforcing the expectations of continuing the bullish trend in the upcoming period, which moves inside the bullish channel that appears on the chart, reminding you that our next target is located at 114.75.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 113.18.
Expected trading range for today is between 113.20 support and 114.75 resistance
Expected trend for today: Bullish