The USDJPY pair crawls downwards calmly to approach gradually from our waited target at 107.70, organized inside the bearish channel that appears on the chart, supported by the negative pressure formed by the EMA50, noting that the chances valid to surpass the mentioned level and extend the bearish trend towards 106.45.
Therefore, we will keep our bearish overview unless breaching 108.55 and holding above it.
The expected trading range for today is between 107.40 support and 108.55 resistance
The expected trend for today: Bearish
Origin: Economies
