The USDJPY pair provided additional positive trades to reach the second waited target at 148.40, and the way seems open to continue the rise and achieve more rise on the intraday and short-term basis, noting that surpassing this level will push the price to 150.00 barrier.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 147.15 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 147.50 support and 148.90 resistance
The expected trend for today: Bullish
Origin: Economies
