USD JPY Technical Analysis October 4, 2021
The USD declined 0.17% against the JPY on Friday and closed at 111.06. Today in the European session, while USD JPY Technical Analysis October 4, 2021 is preparing at 9:15 GMT, the USD/JPY is trading at 111.91, which is 0.14% higher against JPY from yesterday’s close.
The pair is expected to find support at 110.90. And a fall through could take it to the next support level of 110.80 The pair is expected to find its first resistance at 111.30, and a rise through could take it to the next resistance level of 111.40. Today’s expected trading range is between 110.55 support and 111.65 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 110.90
Support 2: 110.80
Support 3: 110.55
Important resistance levels:
Resistance 1: 111.30
Resistance 2: 111.40
Resistance 3: 111.65