The USDJPY price traded with strong negativity after failing to breach 157.92, to break 156.70 and head towards achieving bearish correction on the intraday basis, its targets begin by testing 155.75 level, noting that breaking this level will open the way to head towards 154.40 areas on the near-term basis.
Therefore, the bearish bias will be suggested for the upcoming sessions unless breaching 157.40 followed by 157.92 levels and holding above them.
The expected trading range for today is between 155.50 support and 157.20 resistance
Trend forecast: Bearish
