The USDJPY price fluctuates near the key resistance 147.75, and we still waiting to breach this level to get positive motive that push the price to achieve our positive targets that start at 148.53 and extend to 151.10 after breaching the previous level.
Holding above 146.75 represents the first condition to the continuation of the expected rise, as breaking it will push the price to decline towards the critical support 145.36 before any new positive attempt.
The expected trading range for today is between 146.70 support and 148.40 resistance
Trend forecast: Bullish
Origin: Economies