USD JPY Technical Analysis December 21, 2022
The USD rose 3.79% against the JPY on Tuesday and closed at 131.70. Today in the European session, while the USD JPY Technical Analysis December 21, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 131.87, which is 0.13% higher than JPY from yesterday’s close.
The pair is expected to find support at 130.60. And a fall through could take it to the next support level of 129.00 The pair is expected to find its first resistance at 132.35, and a rise through could take it to the next resistance level of 133.20. Today’s expected trading range is between 126.50 support and 134.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 130.60
Support 2: 129.00
Support 3: 126.50
Important resistance levels:
Resistance 1: 132.35
Resistance 2: 133.20
Resistance 3: 134.50
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