USD/JPY – 1H – SELLThe pair US Dollar/Japanese Yen (USD/JPY) moves from the bullish trendline down.
A descent downwards to the next support level at 147.787 is certain.
Caution: A possible change in the direction of resistance at 148.776 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.207 |
| 2nd High | 150.485 |
| Next High | 148.776 |
| Current Price | 148.15900 |
| Next Low | 147.787 |
| 2nd Low | 146.659 |
| 3rd Low | 146.573 |
148.776 – 148.181 – 147.906 – 147.787 – 146.659 – 147.098 — 44.683399916162 – 42.227344262633 — 20.540618225977 – 22.571924348996 – 16.754793249445 – 20.424423800257
Trading Signals: FOREX – USD – USD/JPY – JPY – – Double bottom chart pattern – –