USD/JPY (1H) Sell Setup Target.
Entry Zone: 159.20 – 159.40
Target 1: 158.90
Target 2: 158.50
Target 3: 158.00 (main support zone)
Stop Loss: 159.75 above resistance
Analysis: Price has broken below the rising trendline and is showing weakness under resistance. If bearish pressure continues, downside move toward 158.00 is possible. If price breaks above 159.75, sell setup weakens.
Entry Zone: 159.20 – 159.40
Target 1: 158.90
Target 2: 158.50
Target 3: 158.00 (main support zone)
Stop Loss: 159.75 above resistance
Analysis: Price has broken below the rising trendline and is showing weakness under resistance. If bearish pressure continues, downside move toward 158.00 is possible. If price breaks above 159.75, sell setup weakens.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.