USD/JPY – 30M – SELLThe currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 153.15600 will continue.
Caution: A possible change in the direction of the resistance line at 153.78200 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.47600 |
| 2nd High | 154.34100 |
| Next High | 153.78200 |
| Current Price | 153.54800 |
| Next Low | 153.15600 |
| 2nd Low | 151.79600 |
| 3rd Low | 151.00000 |