The USDJPY pair suffered strong losses yesterday, as it broke 140.75 level strongly and declined to surpass 139.45 level, which pushed the price to resume the bearish wave on the short term basis, paving the way to achieve new negative targets that start at 137.60 and extend to 136.50.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 139.45 and hold with a daily close above it.
The expected trading range for today is between 137.60 support and 139.60 resistance
The expected trend for today: Bearish