The USDJPY pair settles above 105.20 level, which keeps the bullish trend scenario valid and active, supported by moving above the EMA50, waiting to visit 106.00 – 106.44 levels that represent our next main targets.
Holding above 105.20 is important to continue the expected rise, as breaking it will press on the price to resume the main bearish trend again.
The expected trading range for today is between 104.80 support and 106.20 resistance
The expected trend for today: Bullish
Origin: Economies
