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USD JPY Technical Analysis 3 June 2022

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USD JPY Technical Analysis 3 June 2022

The USD declined 0.21% against the JPY on Thursday and closed at 129.83. 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 130.00, which is 0.13% higher than JPY from yesterday’s close.

The pair is expected to find support at 129.50. And a fall through could take it to the next support level of 129.20 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 128.90 support and 131.30 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 129.50
Support 2: 129.20
Support 3: 128.90

Important resistance levels:

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

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