The USDJPY pair made new test to 106.44 level and kept its stability below it, as it started to rebound bearishly to hint the price head to resume the bearish trend, supported by stochastic negativity, waiting to visit 105.20 as a first target.
Therefore, the bearish trend scenario will remain suggested for the upcoming period unless the price rallied to breach 106.44 and hold with a daily close above it.
The expected trading range for today is between 105.20 support and 106.50 resistance
The expected trend for today: Bearish