USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 156.285 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 156.734 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.186 |
| 2nd High | 156.981 |
| Next High | 156.734 |
| Current Price | 156.09400 |
| Next Low | 156.285 |
| 2nd Low | 155.651 |
| 3rd Low | 155.213 |
156.734 – 156.371 – 156.981 – 156.285 – 155.651 – 155.8 —
156.42700 – 156.18000 —
48.92545801801 – 42.499450355787 —
– —
156.73400 – 1764172800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –