USD JPY Technical Analysis February 16, 2023
The USD rose 0.79% against the JPY on Wednesday and closed at 134.15. Today in the European session, while the USD JPY Technical Analysis February 16, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 134.16, which is 0.01% higher than JPY from yesterday’s close.
The pair is expected to find support at 133.65. And a fall-through could take it to the next support level of 133.00 The pair is expected to find its first resistance at 134.30, and a rise-through could take it to the next resistance level of 134.60. Today’s expected trading range is between 132.55 support and 135.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 133.65
Support 2: 133.00
Support 3: 132.55
Important resistance levels:
Resistance 1: 134.30
Resistance 2: 134.60
Resistance 3: 135.50
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