USD JPY Technical Analysis July 24, 2023
The USD rose 1.24% against the JPY on Friday and closed at 141.83. Today in the European session, while the USD JPY Technical Analysis July 24, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 141.18, which is 0.46% lower than JPY from yesterday’s close.
The pair is expected to find support at 140.45. And a fall-through could take it to the next support level of 139.75 The pair is expected to find its first resistance at 141.90, and a rise-through could take it to the next resistance level of 142.90. Today’s expected trading range is between 139.15 support and 143.40 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 140.45
Support 2: 139.75
Support 3: 139.15
Important resistance levels:
Resistance 1: 141.90
Resistance 2: 142.95
Resistance 3: 143.40
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