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USD JPY Technical Analysis Sep 29, 2023

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USD JPY Technical Analysis Sep 29, 2023

The USD declined 0.17% against the JPY on Thursday and closed at 149.27. Today in the European session, while the USD JPY Technical Analysis Sep 29, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 149.10, which is 0.12% lower than JPY from yesterday’s close.

The pair is expected to find support at 148.55. And a fall-through could take it to the next support level of 148.00 The pair is expected to find its first resistance at 149.15, and a rise-through could take it to the next resistance level of 149.50. Today’s expected trading range is between 147.35 support and 149.70 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 148.55
Support 2: 148.00
Support 3: 147.35

Important resistance levels:

Resistance 1: 149.15
Resistance 2: 149.50
Resistance 3: 149.70

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