The USDJPY pair shows positive trades by today’s open to breach 145.90 level and attempts to hold above it, to hint stopping the bearish correction and head to resume the main bullish trend again, on its way to visit 147.20 followed by 148.40 levels as initial positive stations.
The EMA50 supports the price from below to reinforce the positive overview, noting that breaking 145.90 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 145.50 support and 147.00 resistance
The expected trend for today: Bullish
Origin: Economies
