The USDJPY tests the key resistance that rises now to 110.50, and the price still confined between the trend confirmation levels represented by the mentioned resistance and 110.04 support, which keeps our neutrality valid until the price confirms breaching one of the mentioned levels.
We remind you that breaching 110.50 resistance will lead the price to achieve positive targets that reach 111.32 mainly, while breaking 110.04 will push the price to target 109.00 initially.
Expected trading range for today is between 109.50 support and 111.32 resistance,
Expected trend for today: Depends on the above mentioned levels