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USD JPY Technical Analysis 2 June 2022

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USD JPY Technical Analysis 2 June 2022

The USD rose 1.13% against the JPY on Wednesday and closed at 130.11. 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 129.80, which is 0.25% lower than JPY from yesterday’s close.

The pair is expected to find support at 129.60. And a fall through could take it to the next support level of 128.90 The pair is expected to find its first resistance at 130.20, and a rise through could take it to the next resistance level of 130.75. Today’s expected trading range is between 128.20 support and 131.30 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 129.60
Support 2: 128.90
Support 3: 128.20

Important resistance levels:

Resistance 1: 130.20
Resistance 2: 130.75
Resistance 3: 131.30

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