USD/JPY Weekly Technical Analysis

The dollar is moving in a bearish pattern. We expect a corrective bullish wave from the support area at 112.64 levels, to target the resistance area at 113.71 levels, and from the resistance area, we expect the week’s top to form.
But in the event that the four-hour candle closes below the level of 112.31, we expect the decline to continue, targeting the second support area at 111.52 levels, from which we expect the week’s bottom to form.