USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 157.86 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 159.234 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 159.452 |
| Next High | 159.234 |
| Current Price | 158.90200 |
| Next Low | 157.86 |
| 2nd Low | 157.397 |
| 3rd Low | 157.271 |
159.234 – 158.97 – 158.391 – 157.86 – 157.397 – 157.271 —
158.99100 – 159.11900 —
57.552082679335 – 60.043568398427 —
– —
159.234 – 1773284400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –