The USDJPY pair faces negative pressure to approach testing the key support 109.22, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 111.05 level as a next main station, while achieving it requires holding above 109.22.
The expected trading range for today is between 109.00 support and 110.00 resistance
The expected trend for today: Bullish
Origin: Economies