The USDJPY pair shows positive trading to test the key resistance 109.22 and keeps its stability below until now, accompanied by stochastic loss to the positive momentum clearly, which supports the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 108.75 to confirm extending the bearish wave towards 107.68.
Therefore, the bearish trend will remain suggested unless breaching 109.22 and holding with a daily close above it.
The expected trading range for today is between 108.40 support and 109.60 resistance
The expected trend for today: Bearish
Origin: Economies