USD JPY Technical Analysis July 7, 2023
The USD declined 0.38% against the JPY on Thursday and closed at 144.06. Today in the European session, while the USD JPY Technical Analysis July 7, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 143.25, which is 0.57% lower than JPY from yesterday’s close.
The pair is expected to find support at 142.90. And a fall-through could take it to the next support level of 142.70 The pair is expected to find its first resistance at 143.55, and a rise-through could take it to the next resistance level of 144.20. Today’s expected trading range is between 142.25 support and 144.70 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 142.90
Support 2: 142.70
Support 3: 142.25
Important resistance levels:
Resistance 1: 143.55
Resistance 2: 144.20
Resistance 3: 144.70
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