The USDJPY pair rallied upwards strongly yesterday to breach 113.40 and reach 114.00 barrier, to stop the correctional bearish scenario and head to resume the main bullish trend, on its way to test the recently recorded top at 114.70 as a first main target.
Therefore, the bullish trend will be suggested for the upcoming period conditioned by the price stability above 113.40, as breaking it will press on the price to return to the correctional bearish track again.
The expected trading range for today is between 113.40 support and 114.70 resistance
The expected trend for today: Bullish
Origin: Economies
