USDJPY
The dollar against the yen pair closed the last daily candle below 109.22, to fall under expected negative pressure during the upcoming sessions, aiming to test the support of the bullish intraday channel at 108.65 initially, noting that breaking this level will extend the downside wave to reach 107.68 as a next negative station.
From here, a bearish bias will be likely for today, bearing in mind that breaching 109.30 will stop the expected negative pressure and lead the price to recover again.
The expected trading range for today is between 108.40 support and 109.80 resistance
The expected general trend for today: Bearish