The USDJPY pair resumed its positive trading yesterday to approach our first waited target at 144.00, to support the continuation of the expected bullish trend on the intraday and short-term basis, reminding you that our next station reaches 145.05.
The positive effect of the double bottom pattern supports the positive scenario and achieving additional gains that surpass the above-mentioned levels, noting that failing to surpass 144.00 might push the price to rebound bearishly and head to test 142.00 followed by 141.40 areas before any new attempt to rise.
The expected trading range for today is between 143.10 support and 144.70 resistance
The expected trend for today: Bullish
Origin: Economies
