USDJPY Technical Analysis today is in an uptrend. As the chart below shows. The USD/JPY price is trading at 150.24, 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 $150.42, and the target area could be $150.71. It is also advisable to choose the $149.73 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 $149.73 is broken, the USD/JPY price may head towards the $149.45 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 150.34
- First resistance: 150.30
- Pivot level: 150.22
- First support: 150.10
- Second support: 150.06
