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USD JPY Technical Analysis April 4, 2023

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USD JPY Technical Analysis April 4, 2023

The USD declined 0.64% against the JPY on Saturday and closed at 132.40. Today in the European session, while the USD JPY Technical Analysis April 4, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 132.90, which is 0.38% higher than JPY from yesterday’s close.

The pair is expected to find support at 133.00. And a fall-through could take it to the next support level of 132.65 The pair is expected to find its first resistance at 132.55, and a rise-through could take it to the next resistance level of 132.20. Today’s expected trading range is between 132.25 support and 131.60 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 132.55
Support 2: 132.20
Support 3: 131.60

Important resistance levels:

Resistance 1: 133.17
Resistance 2: 134.00
Resistance 3: 134.95

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