USDJPY Technical Analysis today is at the beginning of a bearish trend. As the chart below shows. The USD/JPY price is trading at 154.44, and trading appears below most of the moving average crossovers, as the MACD indicator indicates a negative trend. Accordingly, we can look to buy from the decline to $154.21, and the target area could be $154.77. It is also advisable to choose the $153.88 area as a stop loss point to control the risk.
USDJPY Technical Analysis: On the other hand
On the other hand, if the selling area at $153.88 is broken, the USD/JPY price may head towards the $153.63 level.

USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 154.67
- First resistance: 154.57
- Pivot level: 154.47
- First support: 154.37
- Second support: 154.27