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USD JPY Technical Analysis November 14, 2022

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USD JPY Technical Analysis November 14, 2022

The USD declined 1.55% against the JPY on Friday and closed at 138.76. Today in the European session, while the USD JPY Technical Analysis November 14, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 140.37, which is 1.15% higher than JPY from yesterday’s close.

The pair is expected to find support at 138.85. And a fall through could take it to the next support level of 138.50 The pair is expected to find its first resistance at 140.90, and a rise through could take it to the next resistance level of 141.40. Today’s expected trading range is between 137.30 support and 142.40 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 138.85
Support 2: 138.50
Support 3: 137.30

Important resistance levels:

Resistance 1: 140.90
Resistance 2: 141.40
Resistance 3: 142.40

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