The USDJPY pair completed forming minor rising wedge pattern that its signs appear on the chart, to get negative motive that supports the expectations of continuing the bearish trend, motivated by stochastic negativity that appears clearly now, waiting to resume the bearish wave that its next main target located at 128.00.
On the other hand, we should note that breaching 132.45 will push the price to test the most important resistance at 133.60 before any new attempt to decline.
The expected trading range for today is between 130.50 support and 132.50 resistance
The expected trend for today: Bearish
Origin: Economies
