USD JPY Technical Analysis May 1, 2023
The USD rose 1.71% against the JPY on Friday and closed at 136.28. Today in the European session, while the USD JPY Technical Analysis May 1, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 136.66, which is 0.28% higher than JPY from yesterday’s close.
The pair is expected to find support at 133.90. And a fall-through could take it to the next support level of 133.60 The pair is expected to find its first resistance at 135.10, and a rise-through could take it to the next resistance level of 135.00. Today’s expected trading range is between 132.10 support and 134.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 133.90
Support 2: 133.60
Support 3: 132.10
Important resistance levels:
Resistance 1: 135.10
Resistance 2: 135.00
Resistance 3: 134.70
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