The USDJPY pair begins to rebound bullishly after testing 110.24 level in the previous sessions, supported by the EMA50 that protects the mentioned level, waiting for more rise in the upcoming sessions, as our next target is located at 111.56.
We should note that breaking 110.24 will stop the expected rise and press on the price to target 109.16 areas initially.
The expected trading range for today is between 110.00 support and 111.30 resistance
The expected trend for today: Bullish