The USDJPY pair continues to fluctuate near 112.14 level, showing some slight bearish bias by today’s opening, waiting for more decline in the upcoming sessions to visit 111.30 followed by 110.86 levels mainly.
In general, we will continue to suggest the bearish trend unless breaching 112.14 level and holding with a daily close above it.
The expected trading range for today is between 111.10 support and 112.60 resistance
The expected trend for today: Bearish