The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 155.70000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 156.23900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 156.23900 |
Current Price | 155.73800 |
Next Low | 155.70000 |
2nd Low | 154.33500 |
3rd Low | 153.40300 |