USDJPY, “US Dollar vs Japanese Yen”
The USDJPY pair is forming a consolidation range around 156.51. The market has extended the range towards 157.18. Today, a decline towards 156.51 is expected (testing from above). A rise to 157.51 is not ruled out, potentially continuing towards 158.16.
Subsequently, a new decline wave could start, aiming for 155.87 as the first target.
Origin: RoboForex