The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 143.99300 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 144.97200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 146.09800 |
| 2nd High | 145.50900 |
| Next High | 144.97200 |
| Current Price | 144.59400 |
| Next Low | 143.99300 |
| 2nd Low | 143.84700 |
| 3rd Low | 142.11100 |
144.76900 – 144.45500 – 142.90600 – 143.99300 – 143.84700 – 142.11100
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Engulfing