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USD JPY Technical Analysis March 14, 2023

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USD JPY Technical Analysis March 14, 2023

The USD declined 0.29% against the JPY on Monday and closed at 133.19. Today in the European session, while the USD JPY Technical Analysis March 14, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 134.80, which is 1.20% higher than JPY from yesterday’s close.

The pair is expected to find support at 133.40. And a fall-through could take it to the next support level of 132.35 The pair is expected to find its first resistance at 135.10, and a rise-through could take it to the next resistance level of 135.35. Today’s expected trading range is between 130.50 support and 135.55 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 133.40
Support 2: 132.35
Support 3: 130.50

Important resistance levels:

Resistance 1: 135.10
Resistance 2: 135.35
Resistance 3: 135.55

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