USD JPY Technical Analysis August 19, 2022
The USD rose 0.60% against the JPY on Thursday and closed at 135.88. Today in the European session, while the USD JPY Technical Analysis August 19, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 136.55, which is 0.48% higher than JPY from yesterday’s close.
The pair is expected to find support at 135.50. And a fall through could take it to the next support level of 135.00 The pair is expected to find its first resistance at 136.75, and a rise through could take it to the next resistance level of 137.40. Today’s expected trading range is between 134.65 support and 137.90 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 135.50
Support 2: 135.00
Support 3: 134.65
Important resistance levels:
Resistance 1: 136.75
Resistance 2: 137.40
Resistance 3: 137.90
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