USDJPY The pair has had various directions since the beginning of the day and is returning to the boundaries of the ascending channel on the H4 chart. The MACD indicator is in the negative zone and is not giving any signals, while the MA arrow is pointing downwards. In this situation, there is a presumption that selling pressure is still in place and after a corrective movement, which may reach the level of 149.99, the decline will resume again. In any case, the Japanese currency can be expected at the level of 148.68, from which a rebound occurred. And if it breaks through, it will go even lower.
