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USD JPY Technical Analysis March 31, 2023

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USD JPY Technical Analysis March 31, 2023

The USD declined 0.02% against the JPY on Thursday and closed at 132.69. Today in the European session, while the USD JPY Technical Analysis March 31, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 133.05, which is 0.27% higher than JPY from yesterday’s close.

The pair is expected to find support at 132.70. And a fall-through could take it to the next support level of 132.30 The pair is expected to find its first resistance at 133.55, and a rise-through could take it to the next resistance level of 133.80. Today’s expected trading range is between 131.70 support and 134.95 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 132.70
Support 2: 132.30
Support 3: 131.70

Important resistance levels:

Resistance 1: 133.55
Resistance 2: 133.80
Resistance 3: 134.95

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