USD JPY Technical Analysis March 27, 2023
The USD declined 0.05% against the JPY on Friday and closed at 130.72. Today in the European session, while the USD JPY Technical Analysis March 27, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 131.45, which is 0.55% higher than JPY from yesterday’s close.
The pair is expected to find support at 129.65. And a fall-through could take it to the next support level of 129.00 The pair is expected to find its first resistance at 130.50, and a rise-through could take it to the next resistance level of 129.70. Today’s expected trading range is between 128.15 support and 132.15 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 129.65
Support 2: 129.00
Support 3: 128.15
Important resistance levels:
Resistance 1: 130.50
Resistance 2: 129.70
Resistance 3: 128.15