The USDJPY pair provided temporary negative trades yesterday, noticing that stochastic got rid of its negative momentum to enter the oversold areas, while the EMA50 continues to support the price from below.
Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its next targets located at 111.00 followed by 111.70, while achieving them requires holding above 109.75.
The expected trading range for today is between 110.00 support and 111.10 resistance
The expected trend for today: Bullish
Origin: Economies
