USD JPY Technical Analysis August 25, 2022
The USD rose 0.26% against the JPY on Wednesday and closed at 137.12. Today in the European session, while the USD JPY Technical Analysis August 25, 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 136.44, which is 0.50% lower than JPY from yesterday’s close.
The pair is expected to find support at 136.20. And a fall through could take it to the next support level of 135.85 The pair is expected to find its first resistance at 136.82, and a rise through could take it to the next resistance level of 137.20. Today’s expected trading range is between 135.50 support and 137.65 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 136.20
Support 2: 135.85
Support 3: 135.50
Important resistance levels:
Resistance 1: 136.82
Resistance 2: 137.20
Resistance 3: 137.65
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