USD JPY Technical Analysis March 9, 2023
The USD rose 0.20% against the JPY on Wednesday and closed at 137.37. Today in the European session, while the USD JPY Technical Analysis March 9, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 136.05, which is 0.97% lower than JPY from yesterday’s close.
The pair is expected to find support at 135.80. And a fall-through could take it to the next support level of 135.55 The pair is expected to find its first resistance at 136.50, and a rise-through could take it to the next resistance level of 136.85. Today’s expected trading range is between 135.30 support and 137.40 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 135.80
Support 2: 135.55
Support 3: 135.30
Important resistance levels:
Resistance 1: 136.50
Resistance 2: 136.85
Resistance 3: 137.40
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