USDJPY Technical Analysis today is in an uptrend. As shown in the chart below. The USD/JPY is trading at 150.06, and trading appears above most of the moving average crossovers, as the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to 150.25 dollars, and the target could be the 150.51 dollar area. It is also recommended to choose the 149.68 dollar area as a stop loss point to control the risks.
USDJPY Technical Analysis: On the other hand
On the other hand, if the selling area at 149.68 dollars is broken, the USD/JPY price may head towards the 149.49 dollar level.
USDJPY Technical Analysis: Resistance and support levels
- Second resistance: 150.42
- First resistance: 150.18
- Pivot level: 149.86
- First support: 149.62
- Second support: 149.30
