The USDJPY pair managed to touch our first target at 112.46 yesterday, and it attempted to break it but without managing to hold below it until now, waiting to get negative motive that supports the chances of breaking this level and rally towards 111.97 that represents our next target.
In general, we will keep our bearish overview, supported by the negative pressure that comes by the EMA50, unless breaching 113.56 level and holding above it.
Expected trading range for today is between 112.00 support and 113.20 resistance
Expected trend for today: Bearish