The USDJPY pair returns to decline after the temporary rise that it witnessed in the previous sessions, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to visit 107.70 mainly, reminding you that breaking this level will push the price to 106.45 as a next negative target.
On the other hand, we should note that breaching 108.55 is considered as a positive key that will lead the price to start recovery attempts that target testing 109.20 areas initially.
The expected trading range for today is between 107.50 support and 108.55 resistance
The expected trend for today: Bearish
Origin: Economies
