The USDJPY pair bounced bearishly after touching 148.00 level, to record lower high as appears on the chart, which hints heading to return to the correctional bearish track again, and the targets begin by testing 146.80 level, noting that breaking this level will confirm opening the way to head towards 145.50 direct.
Therefore, the bearish bias will be suggested for today, noting that breaching 148.20 will stop the expected decline and lead the price to resume the main bullish trend.
The expected trading range for today is between 146.50 support and 148.00 resistance
The expected trend for today: Bearish
Origin: Economies
