Overall the USDJPY market remains in the bear trend and still within the framework of sideways lower flagging congestion. Corrections that fail to close over 129.77 keeps the trend bias down. A close under 127.16 would open up a downturn for a larger bear wave to 124.98. SAR for today 128.80.
Resistance 2 128.31
Resistance 1 128.03
Support 1 127.57
Support 2 127.20
Last Updated Date: 20 May 2022 @ 11:26 AM (UTC)
*Please note that all the dates are in GMT time zone
