The USDJPY pair is testing 142.76 that was broken previously and keeps its stability below it, to keep the bearish trend scenario active for the upcoming period, supported by the negative pressure formed by the EMA50, besides the negative signals provided by stochastic, waiting to visit 140.65 as a next main target.
Holding below 142.76 is important to continue the expected decline, as breaching it represents initial key to attempt to recover and regain the main bullish trend again.
The expected trading range for today is between 141.60 support and 143.20 resistance
The expected trend for today: Bearish
Origin: Economies
