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USD JPY Technical Analysis Sep 4, 2023

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USD JPY Technical Analysis Sep 4, 2023

The USD rose 0.51% against the JPY on Friday and closed at 145.25. Today in the European session, while the USD JPY Technical Analysis Sep 4, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 146.35, which is 0.06% higher than JPY from yesterday’s close.

The pair is expected to find support at 146.05. And a fall-through could take it to the next support level of 145.30 The pair is expected to find its first resistance at 146.50, and a rise-through could take it to the next resistance level of 147.35. Today’s expected trading range is between 144.50 support and 148.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 146.05
Support 2: 145.30
Support 3: 144.50

Important resistance levels:

Resistance 1: 146.50
Resistance 2: 147.35
Resistance 3: 148.00

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