USD JPY Technical Analysis October 14, 2022
The USD rose 0.20% against the JPY on Thursday and closed at 147.18. Today in the European session, while the USD JPY Technical Analysis October 14, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 147.77, which is 0.40% higher than JPY from yesterday’s close.
The pair is expected to find support at 147.10. And a fall through could take it to the next support level of 146.95 The pair is expected to find its first resistance at 147.85, and a rise through could take it to the next resistance level of 148.00. Today’s expected trading range is between 146.45 support and 148.40 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 147.10
Support 2: 146.95
Support 3: 146.45
Important resistance levels:
Resistance 1: 147.85
Resistance 2: 148.00
Resistance 3: 148.40
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