USD/JPY – 1H – SELLThe combination jumps from the bullish trendline down.
The bearish trend downwards to the next support level at 149.23900 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 149.80400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 149.97700 |
| Next High | 149.80400 |
| Current Price | 149.52400 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |