USD/JPY – 30M – SELLThe pair US Dollar/Japanese Yen (USD/JPY) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 153.85800 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 155.77800 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 156.74500 |
| Next High | 155.77800 |
| Current Price | 154.64800 |
| Next Low | 153.85800 |
| 2nd Low | 153.40300 |
| 3rd Low | 152.13800 |