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USD JPY Technical Analysis December 13, 2022

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USD JPY Technical Analysis December 13, 2022

The USD rose 0.84% against the JPY on Monday and closed at 137.63. Today in the European session, while the USD JPY Technical Analysis December 13, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 137.75, which is 0.08% higher than JPY from yesterday’s close.

The pair is expected to find support at 137.25. And a fall through could take it to the next support level of 136.77 The pair is expected to find its first resistance at 137.90, and a rise through could take it to the next resistance level of 138.20. Today’s expected trading range is between 136.60 support and 138.70 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 137.25
Support 2: 136.77
Support 3: 136.60

Important resistance levels:

Resistance 1: 137.90
Resistance 2: 138.20
Resistance 3: 138.70

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