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USD JPY Technical Analysis July 6, 2022

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USD JPY Technical Analysis July 6, 2022

The USD rose 0.19% against the JPY on Tuesday and closed at 135.87. 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 135.33, which is 0.38% lower than JPY from yesterday’s close.

The pair is expected to find support at 135.05. And a fall through could take it to the next support level of 135.75 The pair is expected to find its first resistance at 135.68, and a rise through could take it to the next resistance level of 135.90. Today’s expected trading range is between 134.27 support and 136.35 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 135.05
Support 2: 135.75
Support 3: 134.27

Important resistance levels:

Resistance 1: 135.68
Resistance 2: 135.90
Resistance 3: 136.35

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