The USDJPY pair resumes its negative trading clearly by today’s opening to break 112.46 level and settles below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to visit 111.97 as a next station.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 113.56.
Expected trading range for today is between 111.60 support and 113.00 resistance
Expected trend for today: Bearish