USD JPY Technical Analysis May 19, 2022
The USD declined 0.87% against the JPY on Wednesday and closed at 128.22. Today in the Asian session, while USD JPY Technical Analysis May 19, 2022, is preparing at 5:15 GMT, the USD/JPY is trading at 127.80, which is 0.33% lower than JPY from yesterday’s close.
The pair is expected to find support at 127.60. And a fall through could take it to the next support level of 126.95 The pair is expected to find its first resistance at 129.50, and a rise through could take it to the next resistance level of 129.75. Today’s expected trading range is between 126.25 support and 129.75 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 127.60
Support 2: 126.95
Support 3: 126.25
Important resistance levels:
Resistance 1: 128.90
Resistance 2: 129.35
Resistance 3: 129.75
EUR/USD Technical Analysis May 19, 2022
GBP/USD Technical Analysis May 19, 2022
USD/CAD Technical Analysis May 19, 2022