USDJPY currency pair under bullish pressure today after the pair reversed up from the key support level 134.800 (which stopped the earlier minor correction (ii)), 20-day moving average and the 38.2% Fibonacci correction of the earlier upward impulse wave (i). Given the clear daily uptrend and growing bullish US dollar sentiment seen across the currency markets today, USDJPY currency pair can be expected to rise further toward the next resistance level 136.900 (previous Double Top from last month).
