USD/JPY – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 148.84600 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 149.75500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 150.88700 |
| 2nd High | 149.97700 |
| Next High | 149.75500 |
| Current Price | 149.32300 |
| Next Low | 148.84600 |
| 2nd Low | 148.39700 |
| 3rd Low | 148.23700 |