Chat with us, powered by LiveChatUSD/JPY Rebounds Amid Dollar Strength, Testing Resistance at 142.00

USD/JPY Rebounds Amid Dollar Strength, Testing Resistance at 142.00

USD/JPY Rebounds Amid Dollar Strength, Testing Resistance at 142.00

USD/JPY Rebounds Amid Dollar Strength, Testing Resistance at 142.00


The USD/JPY pair has been on a rebound for the past two days, due to the strength display of the dollar. While the 142.00 area may provide some resistance, there is a possibility that the price may continue to the next level of 144.00. However, it's important to note that this does not change the bearish trend that was established last year.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

146.50

144.00

142.00

140.00

138.00

134.50

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