The USDJPY pair shows more fluctuations around the EMA50, and we notice that stochastic begins to overlap positively now, which forms positive motive that we are waiting to assist to push the price to resume the expected bullish trend on the intraday and short term basis, which its next target located at 111.56.
Therefore, we will keep our bullish overview conditioned by the price stability above 110.24.
The expected trading range for today is between 110.00 support and 111.56 resistance
The expected trend for today: Bullish