USD JPY Technical Analysis March 22, 2023
The USD rose 0.87% against the JPY on Tuesday and closed at 132.46. Today in the European session, while the USD JPY Technical Analysis March 22, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 132.71, which is 0.18% higher than JPY from yesterday’s close.
The pair is expected to find support at 132.30. And a fall-through could take it to the next support level of 131.80 The pair is expected to find its first resistance at 132.95, and a rise-through could take it to the next resistance level of 133.30. Today’s expected trading range is between 121.05 support and 133.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 132.30
Support 2: 131.80
Support 3: 131.05
Important resistance levels:
Resistance 1: 132.95
Resistance 2: 133.30
Resistance 3: 133.70
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