USD/JPY – 1H – SELLThe combination goes from the ascending trendline downwards
A descent down to the next support at 142.89300 will persist.
Caution: A possible counter-trend in the direction of resistance at 147.20600 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 147.34300 |
| Next High | 147.20600 |
| Current Price | 144.62000 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |