USD/JPY – 30M – SELLThe currency pair US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 153.54600 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 154.72000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.26200 |
| 2nd High | 155.02100 |
| Next High | 154.72000 |
| Current Price | 154.28200 |
| Next Low | 153.54600 |
| 2nd Low | 153.27500 |
| 3rd Low | 152.13800 |