The USDJPY pair shows more bullish bias to crawl towards our waited target at 111.56, organized inside the bullish channel that carries the price since the beginning of last month, to keep the bullish trend valid for the upcoming period, noting that breaching the mentioned level will motivate the price to achieve more gains that extend to reach 113.70 on the near term basis.
Note that achieving the suggested targets requires holding above 110.24.
The expected trading range for today is between 110.24 support and 111.80 resistance
The expected trend for today: Bullish