The USDJPY pair showed mixed trades in the previous sessions to rebound upwards strongly and returns to trade inside the bullish channel that appears on the chart, which reactivates the main bullish trend scenario, targeting 112.95 followed by 113.56 levels initially.
Therefore, we expect the continuation of the bullish trend in the upcoming sessions unless breaking 111.97 level and holding below it again.
Expected trading range for today is between 112.00 support and 113.56 resistance
Expected trend for today: Bullish
Origin: Economies
