The USDJPY pair resumed its positive trading to reach 110.00 barrier, facing difficulty to continue the rise, affected by stochastic negativity, waiting to get positive momentum that assist to push the price to continue the bullish bias and head towards our positive targets that start at 110.50 and extend to 111.00.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 109.20 and hold below it.
The expected trading range for today is between 109.40 support and 110.50 resistance
The expected trend for today: Bullish
Origin: Economies
