USD JPY Technical Analysis November 17, 2022
The USD rose 0.16% against the JPY on Wednesday and closed at 139.52. Today in the European session, while the USD JPY Technical Analysis November 17, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 139.63, which is 0.08% higher than JPY from yesterday’s close.
The pair is expected to find support at 138.75. And a fall through could take it to the next support level of 140.70 The pair is expected to find its first resistance at 139.75, and a rise through could take it to the next resistance level of 140.25. Today’s expected trading range is between 137.15 support and 140.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 138.75
Support 2: 137.70
Support 3: 137.15
Important resistance levels:
Resistance 1: 139.75
Resistance 2: 140.25
Resistance 3: 140.70
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