USD JPY Technical Analysis August 31, 2022
The USD rose 0.02% against the JPY on Tuesday and closed at 138.77. Today in the European session, while the USD JPY Technical Analysis August 31, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 138.75, which is 0.01% lower than JPY from yesterday’s close.
The pair is expected to find support at 138.30. And a fall through could take it to the next support level of 138.10 The pair is expected to find its first resistance at 139.05, and a rise through could take it to the next resistance level of 139.25. Today’s expected trading range is between 137.70 support and 140.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 138.30
Support 2: 138.10
Support 3: 137.70
Important resistance levels:
Resistance 1: 139.05
Resistance 2: 139.25
Resistance 3: 140.00
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