The USDJPY pair hovers around 113.56 level since yesterday, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to resume the bearish bias in the upcoming sessions, which its main targets located at 112.96 followed by 112.46.
Breaking 113.25 will ease the mission of achieving the suggested targets, while holding below 113.56 represents key condition to continue the expected decline.
Expected trading range for today is between 112.60 support and 114.00 resistance
Expected trend for today: Bearish