USDJPY Technical Analysis today is in a bearish trend. As the chart below shows. The USD/JPY price is trading at 152.29, and trading appears below most of the moving average crossovers, as the MACD indicator indicates a negative trend. Accordingly, we can look to sell from the decline to $151.98, and the target area could be $151.55. It is also advisable to choose the $152.70 area as a stop loss point to control the risk.
USDJPY Technical Analysis: On the other hand
On the other hand, if the buy zone at $152.70 is broken, the USD/JPY price may head towards the $152.97 level.
USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 153.01
- First resistance: 152.68
- Pivot level: 152.38
- First support: 152.05
- Second support: 151.75
This post is also available in: العربية (Arabic)
