USD/JPY – 30M – SELLThe currency pair US Dollar/Japanese Yen (USD/JPY) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 151.40100 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 151.94800 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.48600 |
| 2nd High | 154.21600 |
| Next High | 151.94800 |
| Current Price | 151.49500 |
| Next Low | 151.40100 |
| 2nd Low | 150.45300 |
| 3rd Low | 149.08300 |