The USDJPY pair managed to break 142.76 level and closed the daily candlestick below it, which supports the continuation of the bearish trend domination on the intraday and short-term basis, opening the way to head towards our next target at 140.65.
The EMA50 forms continuous negative pressure against the price to support the expected decline, which will remain valid conditioned by the price stability below 142.76.
The expected trading range for today is between 141.60 support and 143.20 resistance
The expected trend for today: Bearish
Origin: Economies
