The USDJPY pair hovers around the main resistance line that appears on the chart, and stochastic continues to provide the negative signals, to support the chances of resuming the expected bearish trend on the intraday and short term basis, which its main targets begin by testing 105.20 level, reminding you that it is important to hold below 106.44 to continue the suggested decline.
The expected trading range for today is between 105.40 support and 106.60 resistance
The expected trend for today: Bearish