Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 186.05
Trend: consolidation(daily)
Possible trading range:182-189
Technical analysis: So far we have an massive ascending channel which don't let the bears to take control over this pair. A bearish signal has just appeared ( death cross) and it's a matter of time until the downtrend will resume.
Forecast: Both fundamental ( the BOJ took no measures regarding stepping up the QE) and technical analysi…