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USD JPY Technical Analysis October 3, 2022

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USD JPY Technical Analysis October 3, 2022

The USD declined 0.25% against the JPY on Friday and closed at 144.79. Today in the European session, while the USD JPY Technical Analysis October 3, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 145.13, which is 0.23% higher than JPY from yesterday’s close.

The pair is expected to find support at 144.50. And a fall through could take it to the next support level of 144.20 The pair is expected to find its first resistance at 145.30, and a rise through could take it to the next resistance level of 145.85. Today’s expected trading range is between 143.90 support and 146.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 144.50
Support 2: 144.20
Support 3: 143.90

Important resistance levels:

Resistance 1: 145.30
Resistance 2: 145.85
Resistance 3: 146.00

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