The USDJPY pair approached 110.00 barrier, noticing that stochastic got rid of its negative momentum to reach the thresholds of the oversold areas, waiting to motivate the price to provide more positive trades in the upcoming sessions, which targets 110.60 followed by 111.05 levels as next main stations.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 109.22 and holding below it.
The expected trading range for today is between 109.20 support and 110.30 resistance
The expected trend for today: Bullish
Origin: Economies
