Technical levels: USD/JPY 200-day moving average at ¥158.56 is the near-term level to watch

The story

USD/JPY is currently trading around ¥158.30, approaching the 200-day moving average at ¥158.56.

Multiple indicators point to an upper price zone, including the envelope upper bound at ¥159.73, the 100-day moving average at ¥159.49 and the upper Bollinger Band at ¥159.14.

The 200-day moving average is seen as a guide to the upside, while the 21-day moving average is expected to act as support during declines.

At a glance

200-day moving average¥158.56 seen as the near-term level to watch

100-day MA¥159.49

Upper cloud boundary¥158.44 (upper bound)

Current price¥158.30

Lower cloud boundary¥156.64 (lower bound)

21-day MA¥157.71

Reference information. Every claim resolves to something the story actually named.

Where this came from

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1/ 1 agree

All of them report the same thing.

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.