USDJPY Technical Analysis: today is in a weak upward trend. As shown in the chart below. The USD/JPY is trading at 148.82, 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 rise to 149.04 dollars, and the target could be the 149.33 dollars area. It is also recommended to choose the 148.48 dollars area as a stop loss point to control the risks.
USDJPY Technical Analysis: On the other hand
On the other hand, if the selling area at 148.48 dollars is broken, the USD/JPY price may head towards the 148.27 dollars level.
USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 150.10
- First resistance: 148.99
- Pivot level: 148.80
- First support: 148.58
- Second support: 148.39
