Sell USD/JPY – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at is certain.

Caution: A possible counter-trend in the direction of resistance at 160.479 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 160.721
2nd High 160.593
Next High 160.479
Current Price 160.19500
Next Low
2nd Low
3rd Low

160.479 – 160.39 – 160.372 – 160.044 – 159.731 – 159.538 —
160.32200 – 160.33200 —
41.763301066693 – 50.838681723687 —
– —
160.479 – 1781650800

Trading Signals:

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