Sell USD/JPY – 1H – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline downwards

A descending movement down to the next support at 153.615 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 155.373 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 155.88
2nd High 155.518
Next High 155.373
Current Price 155.18100
Next Low 153.615
2nd Low 153.005
3rd Low 152.815

155.373 – 154.761 – 154.742 – 153.615 – 153.663 – 153.888 —
155.19900 – 155.42300 —
61.468122672164 – 65.942835460183 —
– —
155.37300 – 1763431200

Trading Signals:

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