USD/JPY – 30M – SELLThe pair goes from the ascending trendline downwards
A bearish trend downwards to the next support at 143.85600 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 146.28600 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 146.28600 |
| Current Price | 144.56300 |
| Next Low | 143.85600 |
| 2nd Low | 142.89300 |
| 3rd Low | 141.73500 |