USD JPY Technical Analysis July 15, 2022
The USD rose 1.16% against the JPY on Thursday and closed at 136.95. Today in the European session, while the USD JPY Technical Analysis July 15, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 138.80, which is 0.10% lower than JPY from yesterday’s close.
The pair is expected to find support at 138.55. And a fall through could take it to the next support level of 137.70 The pair is expected to find its first resistance at 139.30, and a rise through could take it to the next resistance level of 139.80. Today’s expected trading range is between 137.30 support and 140.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 138.55
Support 2: 137.70
Support 3: 137.30
Important resistance levels:
Resistance 1: 139.30
Resistance 2: 139.80
Resistance 3: 140.50
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