USD JPY Technical Analysis January 9, 2023
The USD declined 0.93% against the JPY on Friday and closed at 132.13. Today in the European session, while the USD JPY Technical Analysis January 9, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 132.32, which is 0.15% higher than JPY from yesterday’s close.
The pair is expected to find support at 133.00. And a fall-through could take it to the next support level of 132.70 The pair is expected to find its first resistance at 131.30, and a rise through could take it to the next resistance level of 129.95. Today’s expected trading range is between 131.70 support and 129.50 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 133.00
Support 2: 132.70
Support 3: 131.70
Important resistance levels:
Resistance 1: 131.30
Resistance 2: 129.95
Resistance 3: 129.50
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