Sell USD/JPY – 30M – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 154.506 is likely expected.

Caution: A possible change in the direction of the resistance level at 155.539 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

Support & Resistance Price Range*
3rd High 156.176
2nd High 155.753
Next High 155.539
Current Price 154.90800
Next Low 154.506
2nd Low 154.413
3rd Low 153.615

155.539 – 155.753 – 156.176 – 154.506 – 155.016 – 155.01 —
155.15900 – 155.13300 —
58.320328923931 – 56.105671221817 —
– —
155.53900 – 1764826200

Trading Signals:

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