The USDJPY pair showed some bullish bias and approached the key resistance 142.76, noticing that the price resumes the negative trades now, supported by stochastic loss to the positive momentum, waiting for more decline to achieve our main negative target at 140.65.
Therefore, our bearish overview will remain valid, reminding you that holding below 142.76 represents key condition to achieve the waited targets.
The expected trading range for today is between 140.90 support and 142.50 resistance
The expected trend for today: Bearish
Origin: Economies
