The USDJPY price succeeded to touch our waited target at 152.55, and begins today with new decline to break this level and open the way to achieve more bearish correction, on its way to visit 151.05 as a next negative target.
Therefore, we expect the continuation of the bearish bias on the intraday and short-term basis, affected by the completion of the double top pattern that its signs appear on the chart, noting that breaching 152.55 will push the price to test the key resistance formed at 153.75 before any new attempt to decline.
