USD JPY Technical Analysis August 12, 2021
The USD declined 0.11% against the JPY on Wednesday and closed at 110.42. Today in the Asian session, while USD JPY Technical Analysis August 12, 2021 is preparing at 4:15 GMT, the USD/JPY is trading at 110.45, which is 0.02% higher against JPY from yesterday’s close.
The pair is expected to find support at 110.33. And a fall through could take it to the next support level of 110.00 The pair is expected to find its first resistance at 110.45, and a rise through could take it to the next resistance level of 110.80. Today’s expected trading range is between 109.80 support and 111.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 110.33
Support 2: 110.00
Support 3: 109.80
Important resistance levels:
Resistance 1: 110.45
Resistance 2: 110.80
Resistance 3: 111.00