The USDJPY pair shows more bullish bias to settle above 134.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday basis, organized inside the bullish channel that appears on the chart, noting that our next target rises to 135.10.
Therefore, the bullish trend will remain valid and active, supported by the EMA50 that carries the price from below, noting that breaking 134.00 will press on the price to test the key support base 133.30 before any new attempt to rise.
The expected trading range for today is between 133.60 support and 135.20 resistance
The expected trend for today: Bullish
Origin: Economies
