The USDJPY pair succeeded to achieve our first extended target at 133.90 and settles near it now, and we suggest resuming the negative trades in the upcoming sessions supported by the negative pressure coming by the EMA50, reminding you that our next target is located at 132.75, which breaking it represents the key to head towards the previously recorded low at 131.72.
Stochastic overlaps negative overlapping signal to support the decline expectations, which will remain valid unless breaching 136.50 and holding above it.
The expected trading range for today is between 133.10 support and 135.10 resistance
The expected trend for today: Bearish
Origin: Economies
