
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.
