The USDJPY pair leaned on the EMA50 that formed solid support against the price to rebound bullishly and head towards achieving expected intraday gains in the upcoming sessions, targeting testing 145.90 level mainly, thus, we suggest witnessing more bullish bias today.
It is important to monitor the price when reaching the mentioned level, as breaching it represents the key to extend the bullish wave to head towards achieving additional positive targets that reach 147.15 as a next station, while breaking 143.55 represents negative factor that will push the price to decline again and test 142.35 initially.
The expected trading range for today is between 144.20 support and 145.70 resistance
The expected trend for today: Bullish
Origin: Economies
