USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 157.466 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 158.297 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.7 |
| 2nd High | 158.6 |
| Next High | 158.297 |
| Current Price | 158.03000 |
| Next Low | 157.466 |
| 2nd Low | 157.422 |
| 3rd Low | 157.367 |
158.297 – 158.6 – 158.279 – 157.466 – 157.844 – 157.422 —
158.20000 – 158.13100 —
54.799182034421 – 54.175781718162 —
– —
158.29700 – 1768944600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –