USD/JPY – 1H – SELLThe combination US Dollar/Japanese Yen (USD/JPY) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 156.016 will continue.
Caution: A possible change in the direction of resistance at 156.985 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.985 |
| Current Price | 156.63500 |
| Next Low | 156.016 |
| 2nd Low | 155.036 |
| 3rd Low | 154.217 |
156.985 – 156.522 – 157.934 – 156.016 – 155.036 – 157.076 —
156.89500 – 156.78400 —
57.675834089651 – 53.082679916178 —
– —
156.985 – 1778209200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –