USD JPY Technical Analysis July 12, 2022
The USD rose 0.99% against the JPY on Monday and closed at 137.43. Today in the European session, while USD JPY Technical Analysis 31 May 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 137.20, which is 0.17% lower than JPY from yesterday’s close.
The pair is expected to find support at 137.05. And a fall through could take it to the next support level of 136.55 The pair is expected to find its first resistance at 137.72, and a rise through could take it to the next resistance level of 138.10. Today’s expected trading range is between 136.720 support and 138.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 137.05
Support 2: 136.55
Support 3: 136.20
Important resistance levels:
Resistance 1: 137.72
Resistance 2: 138.10
Resistance 3: 138.70
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