USD/JPY – 30M – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.

A continuation of the downward movement down to the next support line at 156.234 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 156.401 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

156.401 – 156.734 – 156.371 – 156.234 – 155.718 – 156.285 —
156.36200 – 156.36400 —
54.674010492927 – 57.026146411612 —
– —
156.40100 – 1764241200

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –