The USDJPY pair tested 111.32 level yesterday and bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, supported by moving above the EMA50, and the price needs to surpass 111.90 level to ease the mission of heading towards our main waited target at 113.38.
Therefore, we will keep our positive overview conditioned by the price stability above 111.32.
Expected trading range for today is between 111.00 support and 112.50 resistance
Expected trend for today: Bullish