The USDJPY resumes the decline – Analysis - 27-05-2022
Economies.com
2022-05-27 04:23AM UTC
The USDJPY pair resumes its negative trading to move away from 127.40, and breaks 126.90 level now to add more confirmation to the continuation of the bearish trend in the upcoming sessions, and the way is open to head towards our next negative target that reaches 125.00.
Therefore, we will continue to suggest the bearish trend on the intraday basis unless the price rallied to breach 127.40 followed by 128.00 levels and hold above them.
The expected trading range for today is between 126.00 support and 127.40 resistance
The expected trend for today: Bearish
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