USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline downwards
A bearish descent down to the next support level at 155.387 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 155.984 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.
Besides a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.387 |
| 2nd High | 156.176 |
| Next High | 155.984 |
| Current Price | 155.79500 |
| Next Low | 155.387 |
| 2nd Low | 154.899 |
| 3rd Low | 154.34 |
155.984 – 155.378 – 155.226 – 155.387 – 154.899 – 154.34 —
155.95400 – 156.01700 —
66.557922659695 – 65.101845798971 —
– —
155.98400 – 1765215000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –