The USDJPY pair resumed its negative trading clearly after confirming the stability below 103.65, to keep the bearish trend scenario valid and active in the upcoming period, and the way is open now to visit our next main target at 102.50.
Moving below the EMA50 supports the expected decline, which will remain valid unless breaching 103.65 and holding above it.
The expected trading range for today is between 102.65 support and 103.80 resistance
The expected trend for today: Bearish
Origin: Economies
