USD JPY Technical Analysis 5 July 2021
The USD declined 0.45% against the JPY on Friday and closed at 111.02. Today in the Asian session, while USD JPY technical Analysis 5 July 2021 is preparing at 4:15 GMT, the USD/JPY trading at 110.48, which is 0.15% lower against JPY from yesterday’s close.
The pair is expected to find support at 110.75. And a fall through could take it to the next support level of 110.45 The pair is expected to find its first resistance at 111.20, and a rise through could take it to the next resistance level of 111.45. Today’s expected trading range is between 110.30, support and 112.65 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 110.75
Support 2: 110.45
Support 3: 110.30
Important resistance levels:
Resistance 1: 111.20
Resistance 2: 111.45
Resistance 3: 111.65