USD/JPY – 1H – SELLThe pair goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 140.31600 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 141.23900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.71000 |
| 2nd High | 143.04100 |
| Next High | 141.23900 |
| Current Price | 141.51600 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |