USDJPY Technical Analysis today is in an upward trend. As the chart below shows. The USD/JPY price is trading at 152.34 and trading appears above most of the moving average intersections, and the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to $152.58, and the target area may be $152.95. It is also advisable to choose the $151.99 area as a stop loss point to control the risk.
USDJPY Technical Analysis: On the other hand
On the other hand, if the sell zone at $151.99 is broken, the USD/JPY price may head towards the $151.72 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 152.66
- First resistance: 152.45
- Pivot level: 152.30
- First support: 152.09
- Second support: 151.94
