USD/JPY – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 161.961 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 162.417 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

162.417 – 162.282 – 162.382 – 161.961 – 161.603 – 162.224 —
162.16700 – 162.27800 —
42.917168492081 – 54.181348037685 —
– —
162.417 – 1784120400

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –