USD/JPY Price Analysis: Recovery needs validation from 136.50 hurdle

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USD/JPY Price Analysis: Recovery needs validation from 136.50 hurdle
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USD/JPY Price Analysis: Recovery needs validation from 136.50 hurdle USDJPY Technical Analysis ChartPatterns SwingTrading SupportResistance

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USD/JPY Price Analysis: Bears in charge while below 136.50USD/JPY Price Analysis: Bears in charge while below 136.50USD/JPY bears are in play and there is a bias to the downsidse following a series of bearish features taking shape on the follwing techncial analysis:
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USD/JPY trades with modest losses amid softer USD, downside seems limitedUSD/JPY trades with modest losses amid softer USD, downside seems limitedThe USD/JPY pair remains under some selling pressure for the second successive day on Monday and moves further away from the YTD peak, around the 137.
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USD/JPY now faces some range bound trading – UOBUSD/JPY now faces some range bound trading – UOBThe upward bias in USD/JPY looks mitigated and is now expected to trade within the 134.50-137.10 range for the time being, suggest UOB Group’s Economi
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