The USDJPY pair provided positive trades to test the resistance that appears on the chart, and rebounds bearishly to hint heading to resume the correctional bearish track on the intraday basis, waiting to test 114.50 as a next main target.
Therefore, we will continue to suggest the bearish trend supported by the negative signal that appears on stochastic, taking into consideration that the continuation of the bearish wave depends on the price stability below 115.60.
The expected trading range for today is between 114.60 support and 115.85 resistance
The expected trend for today: Bearish
Origin: Economies
