The USDJPY pair shows sideways trades and settles around the EMA50, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the bullish trend that targets 111.00 as a next main station.
We remind you that the continuation of the expected bullish wave depends on the price stability above 109.20.
The expected trading range for today is between 109.20 support and 110.50 resistance
The expected trend for today: Bullish
Origin: Economies
