Description
⋅ Due to trade war,The risk aversion sent the yen to strengthen in the near future and rebounded in the morning.
Stoch seem over sold in 1 hr chart and giving a negative signals; RSI is also reach a overbought level; Price is close to resistance;
Today USDJPY trading range would around 105.50-107.30. Would be suggest have a short bias below 106.50.
Target around 106.00- 106.30.
*This is based on current market conditions which can change any time. All trades taken at your own risk.