USD/JPY – 30M – SELLThe combination goes from the ascending trendline down.
A descending movement down to the next support at 140.43300 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 142.46200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.71000 |
| 2nd High | 143.04100 |
| Next High | 142.46200 |
| Current Price | 143.19900 |
| Next Low | 140.43300 |
| 2nd Low | 140.31600 |
| 3rd Low | 139.57500 |