The USDJPY pair succeeded to touch our first waited target at 113.56, showing some bearish bias affected by stochastic negativity, waiting to resume the bullish trend that gets continuous positive support by the EMA50, organized inside the bullish channel that appears on the chart, as our next target is located at 114.55.
We remind you that breaking 112.95 might force the price to visit 112.46 followed by 111.97 levels before any new positive attempt.
Expected trading range for today is between 112.70 support and 114.00 resistance
Expected trend for today: Bullish