The USDJPY pair rallied upwards strongly to succeed achieving our first waited target at 114.70, and opened today with additional rise to breach this level and open the way to head towards our second target at 115.50, expecting the continuation of the rise on the intraday and short term basis to achieve additional gains that reach 117.00.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 114.70.
The expected trading range for today is between 114.70 support and 115.80 resistance
The expected trend for today: Bullish
Origin: Economies
