Sell USD/JPY – 1H – SELL

The combination US Dollar/Japanese Yen (USD/JPY) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at will persist.

Caution: A possible change in the direction of the resistance zone at 160.479 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 160.721
2nd High 160.593
Next High 160.479
Current Price 160.19600
Next Low
2nd Low
3rd Low

160.479 – 160.39 – 160.372 – 160.044 – 159.731 – 159.538 —
160.30200 – 160.34500 —
37.111350554756 – 52.335083903903 —
– —
160.479 – 1781650800

Trading Signals:

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