The USDJPY pair tested 112.00 level yesterday, bouncing upwards clearly now to start the attempts to breach 112.46 level again, motivated by the positive signal provided now by stochastic, waiting to surpass the last level to open the way to achieve our positive targets that start at 112.95 and 113.56 levels.
The main bullish channel continues to organize the suggested bullish wave, which its continuation conditions holding above 111.80.
Expected trading range for today is between 111.70 support and 113.20 resistance
Expected trend for today: Bullish