USD JPY Technical Analysis February 17, 2023
The USD declined 0.15% against the JPY on Thursday and closed at 133.94. Today in the European session, while the USD JPY Technical Analysis February 17, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 134.51, which is 0.43% higher than JPY from yesterday’s close.
The pair is expected to find support at 134.40. And a fall-through could take it to the next support level of 133.70 The pair is expected to find its first resistance at 135.00, and a rise-through could take it to the next resistance level of 135.30. Today’s expected trading range is between 133.60 support and 135.75 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 134.40
Support 2: 133.70
Support 3: 133.60
Important resistance levels:
Resistance 1: 135.00
Resistance 2: 135.30
Resistance 3: 135.75
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