The USDJPY pair shows sideways and tight trading since yesterday and keeps its stability above 110.24, which keeps the bullish trend scenario active for the upcoming period, supported by the EMA50, waiting to get enough positive momentum to push the price to visit 111.56 level that represents our next target, reminding you that it is important to hold above 110.24 to continue the expected rise.
The expected trading range for today is between 109.80 support and 111.30 resistance
The expected trend for today: Bullish