
Uniglobe Markets
June 18, 2025 at 06:30 AM
*USD/JPY Technical Overview*
The USDJPY pair has recently bounced from a mid-range support and now trades near 144.95. The RSI is neutral, and price action appears corrective. Short-term EMAs are supportive, suggesting a cautious bullish bias unless major resistance at 145.30 is breached.
Support and Resistance Levels
Support: 144.30, 143.60
Resistance: 145.30, 145.80
Buy Scenario
A strong breakout above 145.30 may extend gains toward 145.80 and possibly retest previous highs.
Sell Scenario
If the pair dips below 144.30, it could trigger selling pressure down to 143.60.
