USDJPY Technical Analysis today is in an uptrend. As the chart below shows. The dollar yen price is trading at $144.67, and trading appears above most of the moving average intersections, as the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to $145.09, and the target area may be $145.70. It is also advisable to choose the $143.81 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 $143.81 is broken, the USD/JPY price may head towards the $143.34 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 144.85
- First resistance: 144.77
- Pivot level: 144.64
- First support: 144.56
- Second support: 144.43
