USD/JPY – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 143.37500 is expected.
Caution: A possible trend reversal in the direction of resistance at 144.34300 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.49200 |
| 2nd High | 144.45600 |
| Next High | 144.34300 |
| Current Price | 144.26300 |
| Next Low | 143.37500 |
| 2nd Low | 143.25000 |
| 3rd Low | 143.16200 |