USD/JPY – 1H – SELLThe currency pair jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 148.39700 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 149.57700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.25900 |
| 2nd High | 150.88700 |
| Next High | 149.57700 |
| Current Price | 149.21000 |
| Next Low | 148.39700 |
| 2nd Low | 148.23700 |
| 3rd Low | 148.00800 |