USD/JPY Under Bearish Pressure, Awaiting Fed Data

그저께During Tuesday's Asian session, USD/JPY is hovering near the 140.50 level, with key support at 139.570.

If the price holds above this level, it could see a recovery towards the resistance at 141.007.

EMA 34 and EMA 89 indicators are reinforcing the bearish pressure, positioned at 141.592 and 143.189, respectively.

If USD/JPY breaks above the resistance at 141.007, the next target could be 142.896.

The RSI is currently at 39.74, indicating that selling pressure remains dominant.

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