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USD JPY Technical Analysis July 11, 2022

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USD JPY Technical Analysis July 11, 2022

The USD rose 0.08% against the JPY on Friday and closed at 136.10. Today in the European session, while USD JPY Technical Analysis 31 May 2022, is preparing at 5:00 GMT, the USD/JPY is trading at 136.93, which is 0.60% higher than JPY from yesterday’s close.

The pair is expected to find support at 136.70. 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 137.25, and a rise through could take it to the next resistance level of 137.80. Today’s expected trading range is between 134.77 support and 138.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 135.35
Support 2: 134.97
Support 3: 134.77

Important resistance levels:

Resistance 1: 137.25
Resistance 2: 137.80
Resistance 3: 138.00

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