The USDJPY price shows bullish bias to approach testing the key resistance 145.36, and the EMA50 meets this resistance to add more strength to it, waiting to resume the main bearish trend that its next main target reaches 142.15 areas.
Therefore, we will keep our bearish overview conditioned by the price stability below 145.36, noting that breaching it will lead the price to achieve intraday gains that start by testing 146.86 and might extend to 148.53 before determining the next destination clearly.
The expected trading range for today is between 144.00 support and 145.50 resistance
Trend forecast: Bearish
