USD JPY Technical Analysis January 30, 2023
The USD declined 0.29% against the JPY on Friday and closed at 129.83. Today in the European session, while the USD JPY Technical Analysis January 30, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 129.52, which is 0.24% lower than JPY from yesterday’s close.
The pair is expected to find support at 129.90. And a fall-through could take it to the next support level of 130.25 The pair is expected to find its first resistance at 129.90, and a rise-through could take it to the next resistance level of 130.25. Today’s expected trading range is between 128.30 support and 131.60 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 129.20
Support 2: 129.05
Support 3: 128.30
Important resistance levels:
Resistance 1: 129.90
Resistance 2: 130.25
Resistance 3: 131.60
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