Uniglobe Markets
Uniglobe Markets
May 21, 2025 at 06:54 AM
USD/JPY Technical Analysis Technical Overview USD/JPY is under consistent bearish pressure with price trading below all key EMAs. RSI at 27.41 confirms the bearish momentum, nearing oversold conditions. Support and Resistance Levels - Resistance 1: 144.20 - Resistance 2: 144.80 - Support 1: 143.30 - Support 2: 143.00 Buy Scenario Recovery only likely if price breaks above 144.20 with RSI climbing toward 40. Otherwise, bullish setups remain weak. Sell Scenario A break below 143.30 opens the door to 143.00. Continued downside expected if RSI remains below 30.
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