USD JPY Technical Analysis July 27, 2021
The USD declined 0.10% against the JPY on Monday and closed at 110.38. Today in the Asian session, while USD JPY technical Analysis July 27, 2021 is preparing at 4:15 GMT, the USD/JPY trading at 110.05, which is 0.30% lower against JPY from yesterday’s close.
The pair is expected to find support at 110.10. And a fall through could take it to the next support level of 109.80 The pair is expected to find its first resistance at 110.40, and a rise through could take it to the next resistance level of 110.58. Today’s expected trading range is between 110.10, support and 110.68 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 110.10
Support 2: 109.80
Support 3: 109.33
Important resistance levels:
Resistance 1: 110.40
Resistance 2: 110.58
Resistance 3: 110.68