The USDJPY pair found solid resistance barrier formed by the EMA50 against the positive attempts, to show new decline and head towards potential test to 114.65 level, supported by stochastic negativity.
Until now, the bullish trend scenario still valid as long as the price is above the mentioned support, noting that the waited targets begin at 115.30 and extend to 116.35.
The expected trading range for today is between 114.40 support and 115.60 resistance
The expected trend for today: Bullish
Origin: Economies
