USD JPY Technical Analysis October 18, 2022
The USD rose 0.29% against the JPY on Monday and closed at 149.03. Today in the European session, while the USD JPY Technical Analysis October 18, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 149.00, which is 0.02% lower than JPY from yesterday’s close.
The pair is expected to find support at 148.15. And a fall through could take it to the next support level of 147.90 The pair is expected to find its first resistance at 149.27, and a rise through could take it to the next resistance level of 149.50. Today’s expected trading range is between 147.00 support and 150.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 148.15
Support 2: 147.90
Support 3: 147.00
Important resistance levels:
Resistance 1: 149.27
Resistance 2: 149.50
Resistance 3: 150.00
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