USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) goes from the descending trendline down.
A continuation of the downward movement down to the next support at will continue.
Caution: A possible change in the direction of the resistance level at 156.803 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.569 |
| 2nd High | 157.295 |
| Next High | 156.803 |
| Current Price | 156.47500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
156.803 – 156.746 – 156.791 – 156.16 – 156.112 – 156.696 —
156.58300 – 156.54200 —
42.616525303989 – 50.002900940366 —
– —
156.80300 – 1767751200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –