Sell USD/JPY – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 156.16 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 156.791 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 157.569
2nd High 157.295
Next High 156.791
Current Price 156.37000
Next Low 156.16
2nd Low 156.112
3rd Low 155.918

156.791 – 157.295 – 156.998 – 156.16 – 156.112 – 156.696 —
156.37700 – 156.51400 —
46.642544283065 – 55.570880633558 —
– —
156.79100 – 1767666600

Trading Signals:

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