The USDJPY pair rallied upwards sharply to surpass 141.00 barrier and reach 144.00 areas now, to open the way to achieve new gains on the short term and medium term basis, organized inside the bullish channel that appears on the chart, waiting to visit 144.90 as a next main target.
Note that holding above 143.10 represents initial condition to continue the expected rise, as breaking it might push the price to decline temporarily to test the key support base 141.30 before turning back to rise again.
The expected trading range for today is between 143.20 support and 144.90 resistance
The expected trend for today: Bullish
Origin: Economies
