The USDJPY loses momentum – Analysis - 25-11-2022
Economies.com
2022-11-25 04:09AM UTC
The USDJPY pair settles below 139.45 level, to keep the negative pressure valid, supported by the EMA50 that pushes the price to the downside, organized inside the bullish channel that has negative targets that start at 137.60 and extend to 136.50.
Therefore, the bearish trend scenario will remain dominant in the upcoming sessions conditioned by the price stability below 139.45.
The expected trading range for today is between 137.60 support and 139.60 resistance
The expected trend for today: Bearish
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