The USDJPY pair achieved our first target at 108.00 yesterday, but it bounced upwards clearly to settle around the EMA50, and as long as the price is below 108.80, our bearish overview will remain active for the upcoming period, noting that surpassing the first target will extend the bearish wave to reach 106.75 as a next station.
The expected trading range for today is between 107.60 support and 109.00 resistance
The expected trend for today: Bearish