USD JPY Technical Analysis October 7, 2022
The USD rose 0.36% against the JPY on Thursday and closed at 145.13. Today in the European session, while the USD JPY Technical Analysis October 7, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 144.85, which is 0.20% lower than JPY from yesterday’s close.
The pair is expected to find support at 144.75. And a fall through could take it to the next support level of 144.60 The pair is expected to find its first resistance at 145.12, and a rise through could take it to the next resistance level of 145.30. Today’s expected trading range is between 144.40 support and 145.85 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 144.75
Support 2: 144.60
Support 3: 144.40
Important resistance levels:
Resistance 1: 145.12
Resistance 2: 145.30
Resistance 3: 145.85
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