USD JPY Technical Analysis July 7, 2022
The USD rose 0.05% against the JPY on Wednesday and closed at 135.95. 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 136.13, which is 0.14% higher than JPY from yesterday’s close.
The pair is expected to find support at 135.55. And a fall through could take it to the next support level of 134.97 The pair is expected to find its first resistance at 136.32, and a rise through could take it to the next resistance level of 136.80. Today’s expected trading range is between 134.77 support and 136.98 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 135.55
Support 2: 134.97
Support 3: 134.77
Important resistance levels:
Resistance 1: 136.32
Resistance 2: 136.80
Resistance 3: 136.98
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