The USDJPY pair continues the attempts to break 108.00 level, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to resume the expected bearish bias for the upcoming period, which its next main target extends to reach 106.75.
Therefore, we will keep our bearish overview unless breaching 108.80 level and holding above it.
The expected trading range for today is between 107.20 support and 108.50 resistance
The expected trend for today: Bearish