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USD JPY Technical Analysis Aug 10, 2023

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USD JPY Technical Analysis Aug 10, 2023

The USD rose 0.74% against the JPY on Thursday and closed at 144.75. Today in the European session, while the USD JPY Technical Analysis Aug 10, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 144.78, which is 0.02% higher than JPY from yesterday’s close.

The pair is expected to find support at 144.45. And a fall-through could take it to the next support level of 143.75 The pair is expected to find its first resistance at 144.90, and a rise-through could take it to the next resistance level of 145.00. Today’s expected trading range is between 143.30 support and 145.80 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 144.45
Support 2: 143.75
Support 3: 143.30

Important resistance levels:

Resistance 1: 144.90
Resistance 2: 145.00
Resistance 3: 145.80

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