The USD/JPY pair is trading above the day's opening level of 145.40 and near the daily Pivot level of 146.85. The main indicators show a neutral stance, and the price is trading near the MA72 trend line, where volume distribution usually occurs. Above the level of 146.85, the price will move towards the level of 147.04 and potentially to the level of 147.29. Below the level of 146.85, the pair's descent will continue towards the level of 146.40 and possibly to the level of 146.25. USD/JPY is trading below the monthly Pivot level of 149.26, below the weekly Pivot level of 147.29, and near the daily Pivot level, indicating a bearish sentiment for the pair. The branching and support on this session is at the daily Pivot level of 146.85.
