USD/JPY – 1H – SELLThe currency pair US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline down.
A descent down to the next support line at 160.049 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 160.721 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 160.721 |
| Current Price | 160.50300 |
| Next Low | 160.049 |
| 2nd Low | 159.843 |
| 3rd Low | 159.728 |
160.442 – 160.274 – 160.39 – 160.049 – 159.843 – 159.728 —
160.53800 – 160.53400 —
65.132956851525 – 57.249872123172 —
– —
160.442 – 1781031600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –