The USDJPY pair continues to fluctuate at the main bullish channel’s support line, noticing that the EMA50 protects trading inside this channel, while stochastic begins to provide the positive signals now.
Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its main targets begin at 145.00, while holding above 142.50 represents key condition to continue the expected rise.
The expected trading range for today is between 142.50 support and 145.10 resistance
The expected trend for today: Bullish
Origin: Economies
