The USDJPY parity rises to 110.86 today, with a net rise in the day, and the pair has now come up with a double dip pattern on which the markings appear in the chart, halting the proposed negative scenario to raise prices again.

Therefore, the upward trend is expected to be expected in sessions that will be supported by the move on the EMA50. This is expected to be higher than 110.86, while our main target is 111.75 and then 112.14.

Expected operation range for today is between 112.50 and 112.00 with support

Expected trend for today: Bullish

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