The USDJPY price fluctuates at 148.53 level and keeps its stability above it, to keep the bullish trend scenario valid and active, waiting to get positive motive that assist to push the price to head towards our next targets at 150.00 followed by 151.00.
Holding above 148.53 is important to the continuation of the expected rise, as breaking it will put the price under negative pressure to build bearish wave that its first target reaches 147.15.
The expected trading range for today is between 148.00 support and 149.60 resistance
Trend forecast: Bullish
