Last Updated Date: 7 April 2022 @ 6:42 AM (UTC)
*Please note that all the dates are in GMT time zone
The USDJPY market is challenging for new highs. A close over 124.30 is bullish for a move to 125.10. A continued reluctance to post a close over 124.30 cautions for reactionary setbacks and flagging congestion days today. However, a close back through 1.2211 is needed to flip the short term trend back down.
Resistance 2 1.2426
Resistance 1 1.2397
Support 1 1.2351
Support 2 1.2323