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USD JPY Technical Analysis September 16, 2021

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USD JPY Technical Analysis September 16, 2021

The USD declined 0.29% against the JPY on Wednesday and closed at 109.36. Today in the European session, while USD JPY Technical Analysis September 16, 2021 is preparing at 9:15 GMT, the USD/JPY is trading at 109.35, which is 0.01% lower against JPY from yesterday’s close.

The pair is expected to find support at 109.20. And a fall through could take it to the next support level of 109.12 The pair is expected to find its first resistance at 109.42, and a rise through could take it to the next resistance level of 109.60. Today’s expected trading range is between 108.75 support and 109.73 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 109.20
Support 2: 109.12
Support 3: 108.75

Important resistance levels:

Resistance 1: 109.42
Resistance 2: 109.60
Resistance 3: 109.73

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