USD/JPY – 30M – SELLThe currency pair US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 147.641 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.574 |
| 2nd High | 147.877 |
| Next High | 147.641 |
| Current Price | 147.35400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
147.641 – 147.583 – 147.57 – 146.984 – 147.244 – 146.304 — 52.738402169584 – 49.104043275679 — 48.544909987283 – 43.126283668311 – 62.036702856554 – 51.631650836631