The USDJPY pair faced strong negative pressure yesterday that pushed the price to reach the previously recorded low at 106.78, to stop the recently suggested correctional bullish scenario and presses on trading to achieve more expected decline in the upcoming period, noting that breaking the mentioned level will extend the bearish wave to reach 105.65.
Therefore, the bearish trend will be suggested for the upcoming sessions unless breaching 108.10 level and holding above it.
The expected trading range for today is between 106.00 support and 107.60 resistance
The expected trend for today: Bearish