USD JPY Technical Analysis October 12, 2022
The USD rose 0.09% against the JPY on Tuesday and closed at 145.85. Today in the European session, while the USD JPY Technical Analysis October 12, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 146.35, which is 0.35% higher than JPY from yesterday’s close.
The pair is expected to find support at 146.00. And a fall through could take it to the next support level of 145.80 The pair is expected to find its first resistance at 146.40, and a rise through could take it to the next resistance level of 146.50. Today’s expected trading range is between 145.50 support and 147.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 146.00
Support 2: 145.80
Support 3: 145.50
Important resistance levels:
Resistance 1: 146.40
Resistance 2: 146.50
Resistance 3: 147.00
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