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USD JPY Technical Analysis February 10, 2023

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USD JPY Technical Analysis February 10, 2023

The USD rose 0.13% against the JPY on Thursday and closed at 131.55. Today in the European session, while the USD JPY Technical Analysis February 10, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 130.81, which is 0.55% lower than JPY from yesterday’s close.

The pair is expected to find support at 129.85. And a fall-through could take it to the next support level of 129.05 The pair is expected to find its first resistance at 131.35, and a rise-through could take it to the next resistance level of 132.85. Today’s expected trading range is between 128.10 support and 132.90 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 129.85
Support 2: 129.05
Support 3: 128.10

Important resistance levels:

Resistance 1: 131.35
Resistance 2: 131.85
Resistance 3: 132.90

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