The combination US Dollar/Japanese Yen (USD/JPY) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 159.23 is expected.
Caution: A possible change in the direction of the resistance line at 159.742 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.459 |
| 2nd High | 159.97 |
| Next High | 159.742 |
| Current Price | 159.58000 |
| Next Low | 159.23 |
| 2nd Low | 158.271 |
| 3rd Low | 158.014 |
159.742 – 159.97 – 160.459 – 159.23 – 158.271 – 159.324 —
159.59900 – 159.65500 —
56.510363024005 – 59.02168658907 —
– —
159.742 – 1775138400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –