Sell USD/JPY – 1H – SELL

The combination US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support at 152.698 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 153.753 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 154.651
2nd High 153.755
Next High 153.753
Current Price 153.24500
Next Low 152.698
2nd Low 152.564
3rd Low 152.361

153.753 – 153.634 – 153.664 – 152.698 – 152.564 – 152.361 —
153.38800 – 153.29900 —
54.130664678551 – 50.422344936004 —
– —
153.753 – 1771290000

Trading Signals:

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