USDJPY Technical Analysis today is in a downward trend. As the chart below shows. The dollar yen price is trading at 151.97, and trading appears under most of the moving average intersections, as the MACD indicator indicates a negative trend. Accordingly, we can look to sell from the decline to $151.82, and the target area may be $151.55. It is also advisable to choose the $152.27 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 $152.27 is broken, the USD/JPY price may head towards the $152.45 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 152.42
- First resistance: 152.23
- Pivot level: 152.02
- First support: 151.83
- Second support: 151.62
