USD/JPY

USDJPY Technical Analysis today is in a weak downtrend. As shown in the chart below. The USD/JPY is trading at 143.80, and trading appears above most of the moving average crossovers, while the MACD indicator indicates a weak negative trend, which enhances the positive possibilities for the pair. Accordingly, we can look to buy from the rise to 144.21 dollars, and the target area could be 144.84 dollars. It is also recommended to choose the 142.91 dollars 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 142.91 dollars is broken, the USD/JPY price may head towards the 142.39 dollars level.
USDJPY Technical Analysis: Resistance and support levels
• Second resistance: 144.38
• First resistance: 144.03
• Pivot level: 143.56
• First support: 143.21
• Second support: 142.74