USDJPY Under Pressure – Bearish Momentum Builds Below 141.00

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USDJPY Analysis – Bearish Momentum Continues

Overview:
USDJPY has dropped over 300 pip (-2.10%), as highlighted in our previous analysis. The pair still holds bearish momentum as long as it trades below 141.027.
Dollar Weakness Deepens – USDJPY Bears Target 141.030

A continued move lower may target 139.840. If this level breaks, further downside could reach 138.470 and 137.440.

For a bullish reversal, price needs to close a 4H candle above 141.027, which could open the way toward 141.880 and 143.200.

Pivot: 141.027
Support: 139.840 / 138.470 / 137.440
Resistance: 141.880 / 143.200

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