USD/JPY – 1H – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 153.83600 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 155.35500 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 156.74500 |
| Next High | 155.35500 |
| Current Price | 153.47500 |
| Next Low | 153.83600 |
| 2nd Low | 153.40300 |
| 3rd Low | 152.13800 |