USD/JPY – 30M – SELLThe currency pair jumps from the ascending trendline down.
A bearish movement down to the next support at 143.85600 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 144.84100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.20600 |
| 2nd High | 146.28600 |
| Next High | 144.84100 |
| Current Price | 144.83300 |
| Next Low | 143.85600 |
| 2nd Low | 142.89300 |
| 3rd Low | 141.73500 |