During Monday’s trading session, the currency exchange pair was moving near the medium ascending pattern line to end the trading session at the 113.23 mark. On Tuesday morning, the US Dollar was keep trading near the medium pattern line at the 113.42 mark.
In regards to the near-term future, most likely, the US Dollar will keep appreciating against the Japanese Yen to push the rate to surge towards the weekly R1 at the 113.81 mark.
On the other side, the US Dollar could depreciate against the Japanese Yen during today’s US Congressional Elections to pass through the support of the pattern line.
