USD JPY Technical Analysis February 3, 2023
The USD declined 0.16% against the JPY on Thursday and closed at 128.68. Today in the European session, while the USD JPY Technical Analysis February 3, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 128.48, which is 0.15% lower than JPY from yesterday’s close.
The pair is expected to find support at 128.10. And a fall-through could take it to the next support level of 127.60 The pair is expected to find its first resistance at 129.80, and a rise-through could take it to the next resistance level of 129.10. Today’s expected trading range is between 127.25 support and 129.80 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 128.10
Support 2: 127.60
Support 3: 127.25
Important resistance levels:
Resistance 1: 128.80
Resistance 2: 129.10
Resistance 3: 129.80
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