The USDJPY under the negative pressure – Analysis - 03-02-2022
Economies.com
2022-02-03 05:22AM UTC
The USDJPY pair broke 114.65 level clearly and closed the daily candlestick below it, to stop the recently suggested positive scenario and return to the correctional bearish track again, on its way to achieve negative targets that start by testing 113.60 areas.
Therefore, the bearish bias will be expected for today, noting that breaching 114.65 will stop the current negative pressure and lead the price to rise again.
The expected trading range for today is between 113.80 support and 115.00 resistance
The expected trend for today: Bearish
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