The combination US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline downwards
A descending movement downwards to the next support line at 154.813 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 155.373 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.88 |
| 2nd High | 155.518 |
| Next High | 155.373 |
| Current Price | 155.18100 |
| Next Low | 154.813 |
| 2nd Low | 154.413 |
| 3rd Low | 153.615 |
155.373 – 155.302 – 154.74 – 154.813 – 154.413 – 153.615 —
155.07800 – 155.44000 —
46.871970195207 – 65.844394660633 —
– —
155.37300 – 1763431200