USD/JPY – 30M – SELLThe combination jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 142.65000 will continue.
Caution: A possible change in the direction of resistance at 143.54200 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.03600 |
| 2nd High | 143.79300 |
| Next High | 143.54200 |
| Current Price | 143.15700 |
| Next Low | 142.65000 |
| 2nd Low | 141.94600 |
| 3rd Low | 141.77000 |