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USD JPY Technical Analysis October 21, 2022

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USD JPY Technical Analysis October 21, 2022

The USD rose 0.17% against the JPY on Thursday and closed at 150.12. Today in the European session, while the USD JPY Technical Analysis October 21, 2022, is prepared at 5:00 GMT, the USD/JPY is trading at 150.93, which is 0.53% higher than JPY from yesterday’s close.

The pair is expected to find support at 150.00. And a fall through could take it to the next support level of 149.70 The pair is expected to find its first resistance at 151.00, and a rise through could take it to the next resistance level of 151.15. Today’s expected trading range is between 149.55 support and 151.50 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 150.00
Support 2: 149.70
Support 3: 149.55

Important resistance levels:

Resistance 1: 151.00
Resistance 2: 151.15
Resistance 3: 151.00

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