The pair US Dollar/Japanese Yen (USD/JPY) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at is expected.
Caution: A possible change in the direction of the resistance level at 143.80000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.50800 |
| 2nd High | 143.93100 |
| Next High | 143.80000 |
| Current Price | 143.52700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
143.80000 – 143.93100 – 144.50800 – 142.67800 – 143.43600 – 143.77800