The USDJPY pair trades within sideways track between 113.07 support and 114.00 resistance, thus, we will continue with our neutrality until the price confirms breaching one of these levels, waiting to detect the next targets clearly.
The contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality, noting that the details of the expected targets after breaching the mentioned levels area explained in our previous report.
The expected trading range for today is between 113.00 support and 114.20 resistance
The expected trend for today: Neutral
Origin: Economies
