The USDJPY pair faced negative pressure in the previous sessions to attack 105.20 level, but it bounced upwards quickly to settle above the EMA50, which keeps the bullish trend scenario valid and active for the upcoming period, which targets 106.44 mainly.
We remind you that holding above 105.20 is important to continue the expected bullish trend.
The expected trading range for today is between 105.00 support and 106.30 resistance
The expected trend for today: Bullish
Origin: Economies
