Sell USD/JPY – 1H – SELL

The pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support level at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 146.28400 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 148.64800
2nd High 148.27200
Next High 146.28400
Current Price 143.87100
Next Low
2nd Low
3rd Low

146.28400 – 144.45500 – 143.03000 – 143.43900 – 143.84700 – 142.11100

Trading Signals:

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