The USDJPY pair rallied upwards strongly yesterday to surpass our first waited target at 113.18 and approaches the next target at 114.00, which supports the continuation of our bullish overview efficiently on the intraday and short term basis, getting continuous positive support by the EMA50, waiting to extend the positive targets to reach 114.75.
Therefore, we are waiting for more rise in the upcoming sessions conditioned by the price stability above 113.18.
Expected trading range for today is between 113.00 support and 114.50 resistance
Expected trend for today: Bullish