The USDJPY pair provided positive trades yesterday and moved away from the key support 114.65, but it faced solid resistance barrier formed by the EMA50 at 115.10, to face contradiction between the technical factors that makes us continue neutral until the price confirms breaching one of the mentioned level followed by detecting its next destination clearly.
Breaching the mentioned resistance will push the price to achieve additional gains that reach 116.35, while breaking the support will put the price under the correctional bearish pressure that its next target located at 113.60.
The expected trading range for today is between 114.40 support and 115.70 resistance
The expected trend for today: Neutral
