The USDJPY pair shows more bullish bias to test 114.00 barrier, reinforcing the chances of achieving more gains in the upcoming sessions, and we believe that the way is open to achieve our next waited target at 114.55, supported by the EMA50 that keeps carrying the price from below.
On the other hand, we should note that breaking 113.56 might press the price to test key support areas between 112.96 and 112.46 before any new attempt to rise.
Expected trading range for today is between 113.50 support and 114.70 resistance
Expected trend for today: Bullish