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USD JPY Technical Analysis July 5, 2023

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USD JPY Technical Analysis July 5, 2023

The USD declined 0.13% against the JPY on Tuesday and closed at 144.46. Today in the European session, while the USD JPY Technical Analysis July 5, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 144.52, which is 0.05% higher than JPY from yesterday’s close.

The pair is expected to find support at 144.22. And a fall-through could take it to the next support level of 144.00 The pair is expected to find its first resistance at 144.70, and a rise-through could take it to the next resistance level of 144.90. Today’s expected trading range is between 143.75 support and 145.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 144.22
Support 2: 144.00
Support 3: 143.75

Important resistance levels:

Resistance 1: 144.70
Resistance 2: 144.90
Resistance 3: 145.00

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