USD JPY Technical Analysis May 10, 2023
The USD rose 0.12% against the JPY on Tuesday and closed at 135.22. Today in the European session, while the USD JPY Technical Analysis May 10, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 135.31, which is 0.07% higher than JPY from yesterday’s close.
The pair is expected to find support at 135.05. And a fall-through could take it to the next support level of 135.70 The pair is expected to find its first resistance at 135.45, and a rise-through could take it to the next resistance level of 135.65. Today’s expected trading range is between 135.55 support and 136.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 135.05
Support 2: 135.70
Support 3: 135.55
Important resistance levels:
Resistance 1: 135.45
Resistance 2: 135.65
Resistance 3: 136.00
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