USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline down.
The bearish trend downwards to the next support line at 157.86 is expected.
Caution: A possible change in the direction of the resistance level at 158.97 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.97 |
| Current Price | 159.02200 |
| Next Low | 157.86 |
| 2nd Low | 157.397 |
| 3rd Low | 157.271 |
158.97 – 158.391 – 157.975 – 157.86 – 157.397 – 157.271 —
159.12700 – 159.10500 —
70.725752124678 – 60.184660342288 —
– —
158.97 – 1773261000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –