USD JPY Technical Analysis December 6, 2022
The USD rose 1.65% against the JPY on Monday and closed at 136.77. Today in the European session, while the USD JPY Technical Analysis December 6, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 136.73, which is 0.03% lower than JPY from yesterday’s close.
The pair is expected to find support at 136.30. And a fall through could take it to the next support level of 135.90 The pair is expected to find its first resistance at 137.40, and a rise through could take it to the next resistance level of 138.00. Today’s expected trading range is between 135.00 support and 138.40 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 136.30
Support 2: 135.90
Support 3: 135.00
Important resistance levels:
Resistance 1: 137.40
Resistance 2: 138.00
Resistance 3: 138.40
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