The USDJPY pair succeeded to break 109.44 level and settled near it, which supports the continuation of our bearish overview efficiently in the upcoming period, and the way is open to achieve our next waited target at 108.80.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 110.08.
The expected trading range for today is between 108.60 support and 109.70 resistance
The expected trend for today: Bearish