The USDJPY pair fluctuates near 109.22 and keeps its stability above it until now, supported by the EMA50 that carries the price from below, waiting to resume the positive trades to visit 110.40 followed by 111.00 as next targets.
Therefore, we will keep our bullish overview conditioned by the price stability above 109.22, as breaking it will press on the price to test 108.60 level before determining the next destination clearly.
The expected trading range for today is between 108.80 support and 110.00 resistance
The expected trend for today: Bullish
Origin: Economies
