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USD JPY Technical Analysis September 6, 2022

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USD JPY Technical Analysis September 6, 2022

The USD rose 0.30% against the JPY on Monday and closed at 140.57. Today in the European session, while the USD JPY Technical Analysis September 6, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 142.27, which is 1.21% higher than JPY from yesterday’s close.

The pair is expected to find support at 140.70. And a fall through could take it to the next support level of 140.27 The pair is expected to find its first resistance at 142.00, and a rise through could take it to the next resistance level of 142.80. Today’s expected trading range is between 139.90 support and 143.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 140.70
Support 2: 140.27
Support 3: 139.90

Important resistance levels:

Resistance 1: 142.00
Resistance 2: 142.80
Resistance 3: 143.00

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