The USDJPY pair rallied upwards strongly yesterday to surpass our first positive target at 143.30 and approaches few pips away from the second target at 145.00, to support the continuation of the main bullish wave, which has additional positive targets that extend to reach 146.50.
Therefore, we suggest the continuation of the bullish bias in the upcoming sessions supported by the EMA50, noting that breaking 143.40 will press on the price to achieve intraday decline that targets testing 142.35 level initially.
The expected trading range for today is between 143.80 support and 145.50 resistance
The expected trend for today: Bullish
Origin: Economies
