USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline downwards
A bearish movement downwards to the next support at 154.413 is considered certain.
Caution: A possible change in the direction of the resistance zone at 155.302 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 154.940982 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 155.302 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.88 |
| 2nd High | 155.518 |
| Next High | 155.302 |
| Current Price | 155.19900 |
| Next Low | 154.413 |
| 2nd Low | 153.615 |
| 3rd Low | 153.005 |
155.302 – 154.74 – 154.761 – 154.413 – 153.615 – 154.308 —
155.24300 – 155.32500 —
65.576063813647 – 62.869580169495 —
– —
155.30200 – 1763400600