The USDJPY pair faces new negative pressure now to head towards potential test to the bullish channel’s support line, waiting to lean on this support to resume the expected bullish trend for the upcoming period, which targets 111.05 as a next station.
In general, we will continue to suggest the bullish trend conditioned by the price stability above 109.65 and the most important above 109.22.
The expected trading range for today is between 109.30 support and 110.60 resistance
The expected trend for today: Bullish
Origin: Economies
