The USDJPY price tested 145.36 level again and kept its stability below it, to keep the bearish trend scenario valid and active for the upcoming period, which targets 142.15 areas mainly.
The EMA50 forms continuous negative pressure against the price to support the expectations to decline, reminding you that breaching 145.36 will push the price to build bullish wave and achieve gains that start at 146.90 and extend to 148.53.
The expected trading range for today is between 143.75 support and 145.40 resistance
Trend forecast: Bearish
