USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 151.40100 will continue.
Caution: A possible trend reversal in the direction of resistance at 151.94800 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.48600 |
| 2nd High | 154.21600 |
| Next High | 151.94800 |
| Current Price | 149.95800 |
| Next Low | 151.40100 |
| 2nd Low | 150.45300 |
| 3rd Low | 149.08300 |