USDJPY currency pair under the bearish pressure today after the price reversed down from the long-term resistance zone lying between the multi-year resistance level 114.500 (which reversed the pair at the end of 2018) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the previous weekly impulse wave 3. Given the strength of the aforementioned support zone and overbought weekly Stochastic – USDJPY currency pair can be expected to fall further toward the next support level 113.000.