USD/JPY – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 142.89300 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 144.67900 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.20600 |
| 2nd High | 146.28600 |
| Next High | 144.67900 |
| Current Price | 144.10100 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |