USD JPY Technical Analysis 1 June 2022
The USD rose 0.84% against the JPY on Tuesday and closed at 128.65. Today in the Asian session, while USD JPY Technical Analysis 31 May 2022, is preparing at 5:15 GMT, the USD/JPY is trading at 129.45, which is 0.63% higher than JPY from yesterday’s close.
The pair is expected to find support at 128.90. And a fall through could take it to the next support level of 128.33 The pair is expected to find its first resistance at 129.50, and a rise through could take it to the next resistance level of 129.75. Today’s expected trading range is between 127.70 support and 130.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 128.90
Support 2: 128.33
Support 3: 127.70
Important resistance levels:
Resistance 1: 129.50
Resistance 2: 129.75
Resistance 3: 130.00
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