The USDJPY pair surpasses the bearish channel’s resistance and settled above it, which lead the price to turn to rise and head towards achieving gains that reach 109.22, noting that the price needs to breach 108.30 to confirm the continuation of the bullish bias.
Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 107.70 and holding with a daily close below it.
The expected trading range for today is between 107.70 support and 108.90 resistance
The expected trend for today: Bullish
Origin: Economies
