Uniglobe Markets
February 25, 2025 at 12:34 PM
USDJPY is currently in a downtrend, trading at 149.56. The price is below key moving averages, and the MACD indicates a negative trend. A selling opportunity is seen towards 149.24, with a target at 148.82. A stop loss should be placed at 150.01 to manage risk.
If the price breaks 150.01, USDJPY could rise towards 150.32.
Resistance levels:
149.80 (Second)
149.67 (First)
Support levels:
149.43 (First)
149.31 (Second)
Pivot level: 149.55