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USD JPY Technical Analysis August 22, 2022

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USD JPY Technical Analysis August 22, 2022

The USD rose 0.73% against the JPY on Friday and closed at 136.87. Today in the European session, while the USD JPY Technical Analysis August 22, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 136.77, which is 0.07% lower than JPY from yesterday’s close.

The pair is expected to find support at 136.60. And a fall through could take it to the next support level of 136.00 The pair is expected to find its first resistance at 137.40, and a rise through could take it to the next resistance level of 137.90. Today’s expected trading range is between 135.45 support and 138.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 136.60
Support 2: 136.00
Support 3: 135.45

Important resistance levels:

Resistance 1: 137.40
Resistance 2: 137.90
Resistance 3: 138.00

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