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USD JPY Technical Analysis July 15, 2021

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USD JPY Technical Analysis July 15, 2021

The USD declined 0.60% against the JPY on Wednesday and closed at 109.95. Today in the Asian session, while USD JPY technical Analysis July 15, 2021 is preparing at 4:15 GMT, the USD/JPY trading at 109.76, which is 0.17% lower against JPY from yesterday’s close.

The pair is expected to find support at 109.70. And a fall through could take it to the next support level of 109.55 The pair is expected to find its first resistance at 110.65, and a rise through could take it to the next resistance level of 110.95. Today’s expected trading range is between 109.20, support and 111.00 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 109.90
Support 2: 109.55
Support 3: 109.20

Important resistance levels:

Resistance 1: 110.65
Resistance 2: 110.95
Resistance 3: 111.00

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