The USDJPY pair continues to fluctuate around the broken support that appears on the chart, which rises now to 147.40, and the price needs to hold below this level to keep the bearish trend scenario active, which targets 146.17 as a next main station.
The technical indicators provide negative signals that support the continuation of the expected bearish trend, while breaching 147.40 will lead the price to recover and head to test 148.30 mainly.
The expected trading range for today is between 146.50 support and 147.90 resistance
The expected trend for today: Bearish
Origin: Economies
