USD/JPY – 30M – SELLThe combination moves from the bullish trendline downwards
The bearish trend down to the next support line at 147.84600 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 148.68300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 149.13500 |
| Next High | 148.68300 |
| Current Price | 147.69200 |
| Next Low | 147.84600 |
| 2nd Low | 145.91400 |
| 3rd Low | 143.52700 |