USD JPY Technical Analysis August 18, 2022
The USD rose 0.62% against the JPY on Wednesday and closed at 135.05. Today in the European session, while the USD JPY Technical Analysis August 18, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 135.31, which is 0.19% higher than JPY from yesterday’s close.
The pair is expected to find support at 134.75. And a fall through could take it to the next support level of 134.10 The pair is expected to find its first resistance at 135.45, and a rise through could take it to the next resistance level of 135.55. Today’s expected trading range is between 133.90 support and 137.40 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 134.75
Support 2: 134.10
Support 3: 133.90
Important resistance levels:
Resistance 1: 135.45
Resistance 2: 135.55
Resistance 3: 137.40
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