The USDJPY price keeps rising to succeed reaching the new waited target at 156.80, and we suggest surpassing this level to achieve more rise in the upcoming period, organized inside the bullish channel that appears on the chart, noting that the next target reaches 158.00 areas.
The RSI negativity might hinder the mission to rise and cause some sideways fluctuation, noting that the consolidation of 156.80 level against the positive attempts will push the price to rebound bearishly and head to test 154.00 areas before any new positive attempt.
The expected trading range for today is between 155.60 support and 157.20 resistance
Trend forecast: Bullish
