USD JPY Technical Analysis March 13, 2023
The USD declined 0.79% against the JPY on Friday and closed at 135.06. Today in the European session, while the USD JPY Technical Analysis March 13, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 132.92, which is 1.59% higher than JPY from yesterday’s close.
The pair is expected to find support at 132.35. And a fall-through could take it to the next support level of 132.00 The pair is expected to find its first resistance at 133.75, and a rise-through could take it to the next resistance level of 134.65. Today’s expected trading range is between 131.50 support and 135.30 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 132.35
Support 2: 132.00
Support 3: 131.50
Important resistance levels:
Resistance 1: 133.75
Resistance 2: 134.65
Resistance 3: 135.30
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