USD/JPY – 1H – SELLThe pair jumps from the bullish trendline downwards
A descent down to the next support line at 141.73500 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 144.49200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 144.49200 |
| Current Price | 144.11100 |
| Next Low | 141.73500 |
| 2nd Low | 140.43300 |
| 3rd Low | 140.31600 |