USDJPY, “US Dollar vs Japanese Yen”
The USDJPY pair is forming a consolidation range around 156.89. The market has extended the range towards 156.61. Today, a decline towards 156.51 (testing from above) is expected. Following this, a rise towards 157.51 is not ruled out, potentially continuing towards 158.16.
Subsequently, a new decline wave could start, aiming for 155.90 as the first target.
Origin: RoboForex
