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USD JPY Technical Analysis December 23, 2022

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USD JPY Technical Analysis December 23, 2022

The USD declined 0.06% against the JPY on Thursday and closed at 132.33. Today in the European session, while the USD JPY Technical Analysis December 23, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 132.70, which is 0.29% higher than JPY from yesterday’s close.

The pair is expected to find support at 132.15. And a fall through could take it to the next support level of 131.70 The pair is expected to find its first resistance at 132.80, and a rise through could take it to the next resistance level of 133.30. Today’s expected trading range is between 131.10 support and 133.65 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 131.15
Support 2: 131.70
Support 3: 131.10

Important resistance levels:

Resistance 1: 132.80
Resistance 2: 133.30
Resistance 3: 133.65

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