The USDJPY pair fluctuates within sideways track in the previous sessions, noticing that stochastic loses the positive momentum again, waiting to motivate the price to resume the expected bearish trend on the intraday basis, reminding you that our next main target is located at 140.65.
The EMA50 supports the suggested bearish wave, which will remain valid unless the price rallied to breach 142.76 and hold above it.
The expected trading range for today is between 141.30 support and 143.00 resistance
The expected trend for today: Bearish
Origin: Economies
