The USDJPY pair shows slight negative trades to move away gradually from the broken support of the bullish channel, falling under the negative pressure formed by the EMA50, to keep the bearish trend scenario valid for the upcoming period, depending on the price stability below 113.56 level, reminding you that our waited targets begin at 112.46 followed by 111.97.
Expected trading range for today is between 112.00 support and 113.56 resistance
Expected trend for today: Bearish