Technical analysis USDJPY for 05.10.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 143.65. The closest resistance is the level 144.20

Key levels
- 145.90, 144.85, 144.20, 143.65, 143.15, 142.50, 141.50
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 143.15 and Stop Loss of 144.85
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 144.85, with Take Profit of 145.90 and Stop Loss of 144.20