The USDJPY pair rallied upwards clearly yesterday to breach 110.04 level and settles above it, which stops the recently suggested bearish bias and push the price to achieve more potential gains in the upcoming period, noting that breaching 110.20 will motivate the price to continue the rise that targets 111.32 as a next station.
Therefore, we suggest witnessing more bullish bias in the upcoming sessions unless breaking 110.04 followed by 109.70 levels and holding below them.
Expected trading range for today is between 109.40 support and 111.00 resistance,
Expected trend for today: Bullish