The USDJPY price hovers around 157.92 level and finds difficulty to breach it until now, waiting to breach this level to confirm the continuation of the bullish wave and head to achieve new positive targets that reach 160.00.
Holding above 156.70 is important to the continuation of the expected rise, as breaking it will put the price under correctional bearish pressure that targets 155.75 areas initially.
The expected trading range for today is between 157.00 support and 158.70 resistance
Trend forecast: Bullish
