The USDJPY pair rallied upwards strongly to surpass 117.00 level and approaches 118.00 barrier, to support the chances of continuing the domination of the bullish trend on the short term and medium term basis, opening the way to achieve additional gains that reach 119.55.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 117.10.
The expected trading range for today is between 117.20 support and 118.60 resistance
The expected trend for today: Bullish
Origin: Economies
