USD/JPY – 4H – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline downwards
A bearish descent down to the next support line at 156.23700 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 157.84800 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 158.08100 |
| Next High | 157.84800 |
| Current Price | 158.25900 |
| Next Low | 156.23700 |
| 2nd Low | 156.01700 |
| 3rd Low | 153.15600 |