Sell USD/JPY – 1H – SELL

The pair US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline down.

A descent downwards to the next support level at is certain.

Caution: A possible trend reversal in the direction of resistance at 157.295 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 157.891
2nd High 157.76
Next High 157.295
Current Price 156.57400
Next Low
2nd Low
3rd Low

157.295 – 156.998 – 156.992 – 156.559 – 156.514 – 155.743 —
157.22900 – 156.97800 —
53.65286386894 – 48.4098359266 —
– —
157.29500 – 1767592800

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