USD/JPY – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 147.34100 is likely expected.
Caution: A possible change in the direction of the resistance zone at 148.37600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.13500 |
| 2nd High | 148.68300 |
| Next High | 148.37600 |
| Current Price | 148.14000 |
| Next Low | 147.34100 |
| 2nd Low | 145.91400 |
| 3rd Low | 143.52700 |