Sell USD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support level at 156.507 is certain.

Caution: A possible counter-trend in the direction of resistance at 157.153 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 156.84 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 157.153 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 159.223
2nd High 157.334
Next High 157.153
Current Price 157.04800
Next Low 156.507
2nd Low 156.346
3rd Low 155.523

157.153 – 157.092 – 157.334 – 156.507 – 156.527 – 156.679 —
157.12300 – 157.11400 —
59.749904427742 – 56.942682966929 —
– —
157.153 – 1770382800

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