USD JPY Technical Analysis August 12, 2022
The USD rose 0.09% against the JPY on Thursday and closed at 133.00. Today in the European session, while the USD JPY Technical Analysis August 12, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 133.85, which is 0.61% higher than JPY from yesterday’s close.
The pair is expected to find support at 133.10. And a fall through could take it to the next support level of 132.50 The pair is expected to find its first resistance at 134.35, and a rise through could take it to the next resistance level of 135.05. Today’s expected trading range is between 131.75 support and 135.55 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 133.10
Support 2: 132.50
Support 3: 131.75
Important resistance levels:
Resistance 1: 134.35
Resistance 2: 135.05
Resistance 3: 135.55
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