
Uniglobe Markets
June 6, 2025 at 07:25 AM
*USD/JPY Technical Overview*
USDJPY is recovering after forming a higher low around 142.60. The price is climbing back above the 20 EMA, and RSI is trending upward at 64.7, suggesting continued bullish momentum.
Support and Resistance Levels
• Support: 143.20, 142.60
• Resistance: 144.35, 144.90
Buy Scenario
If momentum continues and price breaks above 144.35, bulls may target 144.90 and 145.20 next.
Sell Scenario
A drop below 143.20 could shift bias to bearish, opening downside toward 142.60.
