Daily analysis by DayTradeIdeas - 28/06/2022| FXMAG.COM

USDJPY first resistance at 135.40/60. Shorts need stops above 135.75. A break higher can retest last week's high at 136.60/70.

Shorts at resistance at 135.40/60 target 134.75/65, perhaps as far as good support at 134.35/15. Longs need stops below 134.00.

EURJPY beat first resistance at 142.65/85 so holding above here sees prices headed towards 143.50/70, perhaps as far as the June high at 144.15/25

Support at 142.85/65. A break lower targets 142.40/30, perhaps as far as strong support at 141.60/40. Longs need stops below 141.30. A break lower is a sell signal targeting 141.00 & 140.50/40.

NZDJPY break above resistance at 8500/20 can target 8580/90. Above 8600 look for 8650/60.

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Support at 8455/35. Longs need stops below 8410.

AUDJPY minor resistance at 9400/9420. A break higher targets 9450/60, perhaps as far as 9520/30.

Good support again at 9270/50. Stops below 9230. A break lower is a sell signal targeting 9160/50, 9100/9090 & perhaps as far as 9060/50.

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Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk

Daily analysis by DayTradeIdeas - 28/06/2022

Jason Sen

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