Sell USD/JPY – 1H – SELL

The combination US Dollar/Japanese Yen (USD/JPY) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at 143.97200 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 145.28700 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 148.27200
2nd High 146.28400
Next High 145.28700
Current Price 145.07200
Next Low 143.97200
2nd Low 142.52800
3rd Low 142.37500

145.28700 – 144.77000 – 145.08600 – 143.97200 – 142.52800 – 143.67200

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