The USDJPY pair returns to provide positive trades and approaches retesting 106.35 again, met by the EMA50 that adds more strength to it, accompanied by stochastic reach the overbought areas.
Therefore, these factors encourage us to keep our bearish overview in the upcoming sessions unless breaching 106.35 level and holding above it, reminding you that our next main target reaches 104.31.
Expected trading range for today is between 105.00 support and 106.70 resistance.
Expected trend for today: Bearish