The USDJPY pair approached our waited target at 110.86 and bounced bullishly from there to test the EMA50 again, which forms continuous negative pressure against the price, and as long as the price is below 112.14, our bearish overview will remain active, reminding you that surpassing the mentioned target will push the price towards 110.08 as a next main station.
The expected trading range for today is between 110.80 support and 112.00 resistance
The expected trend for today: Bearish