USD JPY Technical Analysis October 20, 2022
The USD rose 0.43% against the JPY on Wednesday and closed at 149.90. Today in the European session, while the USD JPY Technical Analysis October 20, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 149.83, which is 0.03% lower than JPY from yesterday’s close.
The pair is expected to find support at 149.65. And a fall through could take it to the next support level of 149.10 The pair is expected to find its first resistance at 150.05, and a rise through could take it to the next resistance level of 150.20. Today’s expected trading range is between 148.15 support and 150.45 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 149.65
Support 2: 149.10
Support 3: 148.15
Important resistance levels:
Resistance 1: 150.05
Resistance 2: 150.20
Resistance 3: 150.45
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