The USDJPY pair succeeded to break 109.44 level and hold with a daily close below it, which supports the continuation of our bearish overview on the intraday and short term basis, paving the way to head towards 108.80 that represents our next main target, noting that the continuation of the expected decline conditions holding below 110.08.
The expected trading range for today is between 108.80 support and 109.80 resistance
The expected trend for today: Bearish