USD JPY Technical Analysis October 25, 2022
The USD rose 0.86% against the JPY on Monday and closed at 148.94. Today in the European session, while the USD JPY Technical Analysis October 25, 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 1850.00. And a fall through could take it to the next support level of 148.30 The pair is expected to find its first resistance at 149.40, and a rise through could take it to the next resistance level of 149.70. Today’s expected trading range is between 146.40 support and 151.90 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 148.50
Support 2: 148.30
Support 3: 146.40
Important resistance levels:
Resistance 1: 149.40
Resistance 2: 149.70
Resistance 3: 151.90
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