USD/JPY Forecast. Price presses on the support

news_22_feb_1_usd_jpy-The USDJPY price trades with new negativity now to press on 145.36, to hint the attempt to break this level and confirm the continuation of the bearish trend domination in the upcoming sessions, supported by the EMA50 that presses negatively on the price, noting that confirming the break will push the price towards 144.00 followed by 142.15.

On the other hand, we should note that breaching 146.05 will push the price to rise and achieve gains that start by test 148.53 areas.

The expected trading range for today is between 144.60 support and 146.20 resistance

Trend forecast: Bearish

Origin: FreshForex

 

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