USD/JPY – 1H – SELLThe currency pair goes from the bullish trendline down.
A bearish descent down to the next support at 151.45400 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 153.87600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 153.87600 |
| Current Price | 153.25700 |
| Next Low | 151.45400 |
| 2nd Low | 150.60100 |
| 3rd Low | 149.08300 |