The USDJPY begins new bearish correction – Analysis - 23-06-2022

Economies.com
2022-06-23 04:32AM UTC

The USDJPY pair begins today with clear negativity to break 135.60 and settles below it, to head towards achieving bearish correction on the intraday basis, targeting testing 134.30 mainly.

 

Note that the expected decline is temporary, waiting to resume the main bullish wave, taking into consideration that breaching 135.60 and holding above it again will stop the current negative pressure and push the price to recover.

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The expected trading range for today is between 134.70 support and 136.00 resistance

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The expected trend for today: Bearish

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