USD JPY Technical Analysis July 14, 2023
The USD declined 0.28% against the JPY on Thursday and closed at 138.05. Today in the European session, while the USD JPY Technical Analysis July 14, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 138.45, which is 0.28% higher than JPY from yesterday’s close.
The pair is expected to find support at 137.50. And a fall-through could take it to the next support level of 136.60 The pair is expected to find its first resistance at 138.85, and a rise-through could take it to the next resistance level of 139.35. Today’s expected trading range is between 136.00 support and 139.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 137.50
Support 2: 136.60
Support 3: 136.00
Important resistance levels:
Resistance 1: 138.85
Resistance 2: 139.35
Resistance 3: 139.70
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