USD JPY Technical Analysis March 29, 2019
The USD rose 0.17% against the JPY on Thursday and closed at 110.63. Today in the European session while USD JPY technical analysis March 29, 2019 is preparing at 9:15 GMT, the USD/JPY trading at 110.75, which is 0.10% higher against JPY from yesterday’s close.
The pair is expected to find support at 110.15. And a fall through could take it to the next support level of 109.67. The pair is expected to find its first resistance at 110.96, and a rise through could take it to the next resistance level of 111.30. For today the expected trading range is between 110.15, Support and 111.30 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 110.15 Support 2: 109.67 Support 3: 109.33
Resistance Levels: Resistance 1: 110.96 Resistance 2: 111.30 Resistance 3: 111.77
USD/JPY Buying Opportunity for Intraday Trading March 29, 2019
Buy near the support area 110.15 and 109.67 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
USD/JPY Selling Opportunity for Intraday Trading March 29, 2019
Sell near the resistance area 110.96 and 111.30 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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