The USDJPY pair broke 110.04 level and closed the daily candlestick below it, to activate the bearish trend scenario on the intraday basis, targeting heading towards 109.00 level mainly.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 110.04 – 110.15 levels and holding above them.
Expected trading range for today is between 109.00 support and 110.70 resistance,
Expected trend for today: Bearish