The USDJPY pair provided positive trading yesterday and attempted to breach 111.32 level, but it begins today negatively to move below the mentioned level, noticing that stochastic begins to provide negative overlapping signal on the four hours’ time frame, waiting to motivate the price to provide more negative trading in the upcoming sessions.
Therefore, our bearish overview will remain active for today conditioned by holding below 111.32, reminding you that our main waited target is located at 110.04.
Expected trading range for today is between 110.30 support and 111.85 resistance
Expected trend for today: Bearish