USDJPY Technical Analysis The pair concluded trading at a price of 142.14. Trading appears under most of the moving average intersections, and the MACD indicator indicates a negative trend. Accordingly, we can look to sell during the first sessions of this week, which is the Asian session, from a decline to a price of 141.59 dollars, and the target area may be 140.81 dollars. It is also advisable to choose the $143.14 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 $143.14 is broken, the USD/JPY price may head towards the $143.66 level.
USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 142.38
- First resistance: 142.28
- Pivot level: 142.17
- First support: 142.07
- Second support: 141.96
