The USDJPY pair traded negatively yesterday to break 134.30 level, to head towards potential test to the key support 133.30, noticing that stochastic shows positive signals that support the chances of the return to resume the bullish wave again.
Therefore, we expect to keep the overall bullish trend active, which its next main targets located at 137.00 followed by 137.70, noting that the continuation of the decline and breaking 133.30 will stop the positive scenario and press on the price to suffer additional losses that reach 132.00.
The expected trading range for today is between 133.00 support and 134.90 resistance
The expected trend for today: Overall bullish
Origin: Economies
