USD/JPY – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 142.06400 is considered certain.
Caution: A possible change in the direction of the resistance level at 146.49500 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 | 146.49500 |
| Current Price | 142.46400 |
| Next Low | 142.06400 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |