The USDJPY pair settles around 111.00, and the price falls under more negative pressure formed by the EMA50, while stochastic begins to provide negative overlapping signal now.
Therefore, we believe that the way is open to provide more negative trades in the upcoming sessions, reminding you that our next target is located at 110.38, while achieving it conditions holding below 111.97.
Expected trading range for today is between 110.30 support and 111.90 resistance
Expected trend for today: Bearish