Uniglobe Markets
Uniglobe Markets
May 30, 2025 at 06:24 AM
*USD/JPY Technical Overview* USDJPY has reversed its recent uptrend and is now trending lower, trading below the short-term moving averages. This suggests a shift in sentiment, and the pair may continue to correct lower. Support and Resistance Levels • Support: 143.50 / 143.20 • Resistance: 144.30 / 144.70 Buy Scenario Buy if price reclaims 144.30, targeting a short-term bounce toward 144.70. Sell Scenario Sell below 143.50, with room for a drop to 143.20 as bearish trend resumes.
Image from Uniglobe Markets: *USD/JPY Technical Overview*  USDJPY has reversed its recent uptrend a...

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