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USD JPY Technical Analysis October 19, 2022

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USD JPY Technical Analysis October 19, 2022

The USD rose 0.15% against the JPY on Tuesday and closed at 149.24. Today in the European session, while the USD JPY Technical Analysis October 19, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 149.54, which is 0.20% higher than JPY from yesterday’s close.

The pair is expected to find support at 149.10. And a fall through could take it to the next support level of 148.90 The pair is expected to find its first resistance at 149.70, and a rise through could take it to the next resistance level of 140.00. Today’s expected trading range is between 148.15 support and 150.15 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 149.10
Support 2: 148.90
Support 3: 148.15

Important resistance levels:

Resistance 1: 149.70
Resistance 2: 150.00
Resistance 3: 150.15

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