USD JPY Technical Analysis January 24, 2023
The USD rose 0.94% against the JPY on Monday and closed at 130.66. Today in the European session, while the USD JPY Technical Analysis January 24, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 130.24, which is 0.33% lower than JPY from yesterday’s close.
The pair is expected to find support at 129.75. And a fall-through could take it to the next support level of 129.50 The pair is expected to find its first resistance at 130.85, and a rise-through could take it to the next resistance level of 131.35. Today’s expected trading range is between 129.10 support and 131.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 129.75
Support 2: 129.50
Support 3: 129.10
Important resistance levels:
Resistance 1: 130.85
Resistance 2: 131.35
Resistance 3: 131.50