USD/JPY – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 151.53100 is certain.
Caution: A possible counter-trend in the direction of resistance at 152.54300 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.54300 |
| Current Price | 151.43100 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |