USD JPY Technical Analysis December 20, 2022
The USD rose 0.72% against the JPY on Monday and closed at 136.90. Today in the European session, while the USD JPY Technical Analysis December 20, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 132.60, which is 3.13% lower than JPY from yesterday’s close.
The pair is expected to find support at 132.10. And a fall through could take it to the next support level of 131.70 The pair is expected to find its first resistance at 133.65, and a rise through could take it to the next resistance level of 134.50. Today’s expected trading range is between 130.50 support and 135.75 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 132.10
Support 2: 131.70
Support 3: 130.50
Important resistance levels:
Resistance 1: 133.65
Resistance 2: 134.50
Resistance 3: 135.75
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