USDJPY Technical Analysis today is in a downtrend. As the chart below shows. The dollar yen price is trading at 152.03, and trading appears under most of the moving average intersections, and the MACD indicator indicates a negative trend. Accordingly, we can look to sell from the decline to $151.80, and the target area may be $151.52. It is also advisable to choose the $152.34 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 $152.34 is broken, the USD/JPY price may head towards the $152.52 level.
USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 152.24
- First resistance: 152.13
- Pivot level: 152.01
- First support: 151.90
- Second support: 151.78
