USD/JPY – 1H – SELLThe pair US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline down.
A bearish descent down to the next support line at 143.97200 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 145.28700 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.27200 |
| 2nd High | 146.28400 |
| Next High | 145.28700 |
| Current Price | 144.48600 |
| Next Low | 143.97200 |
| 2nd Low | 142.52800 |
| 3rd Low | 142.37500 |
145.28700 – 144.77000 – 145.08600 – 143.97200 – 142.52800 – 143.67200