The USDJPY pair settles above 143.00 level, showing sideways trades since yesterday, affected by stochastic negativity, while the EMA50 continues to provide the positive support to the price, waiting to resume the bullish wave that targets 144.00 followed by 145.05 levels as next main stations.
Therefore, we are waiting for more expected rise in the upcoming sessions, noting that breaking 141.40 will stop the bullish trend and push the price to return to the correctional bearish track again.
The expected trading range for today is between 142.50 support and 144.20 resistance
The expected trend for today: Bullish
Origin: Economies
