The USDJPY pair provided negative trades yesterday to test the EMA50 that forms good support against the price and protects the recently suggested positive scenario, waiting to rebound bullishly to resume the bullish trend that its first target located at 111.00.
Therefore, we will continue to suggest the bullish trend on the intraday basis, reminding you that it is important to hold above 110.00 to continue the expected rise.
The expected trading range for today is between 109.70 support and 110.90 resistance
The expected trend for today: Bullish
Origin: Economies
