The dollar versus the yen is taking a new test to the level of 107.68 and maintains its stability below it, and we notice that the stochastic provides clear negative signals on the four-hour time frame, waiting for price stimulus to resume the expected downside for the period Upcoming, targeting 106.44 as the next stop.
We note that a break of 107.20 will facilitate the price's task by achieving the mentioned target, while the expected decline will remain in place unless the 107.68 level is breached and a daily closing remains above it.
The expected trading range for today is between 106.60 support and 108.00 resistance.
