#Bitlayer @BitlayerLabs

The dollar is under negative pressure

The USD/JPY pair is under negative pressure from the 50-day moving average as it has broken the level of 147.60 and continues to trade negatively below it, making the downward trend likely today. Our trading movement expectations are as follows:

Stop Loss: 147.60

Target 1: 147.00

Target 2: 146.80

The expected trading range for today is between support 146.80 and resistance 147.55.

The overall expected trend for today: Downward

Do you expect the downward trend to continue or a return of the price to recover? Share your opinion in the comments.