The USDJPY pair begins today’s trading with bullish bias to approach 111.00 barrier, reinforcing the expectations of continuing the expected bullish trend for the upcoming period, as the price gets continuous positive support by the EMA50, reminding you that our next target is located at 111.56.
Holding above 110.24 is important to continue the bullish wave, as breaking it will press on the price to visit 109.16 areas initially before any new positive attempt.
The expected trading range for today is between 110.24 support and 111.56 resistance
The expected trend for today: Bullish