USD/JPY – 30M – SELLThe combination jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 148.39700 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 149.97700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.25900 |
| 2nd High | 150.88700 |
| Next High | 149.97700 |
| Current Price | 149.51400 |
| Next Low | 148.39700 |
| 2nd Low | 148.23700 |
| 3rd Low | 148.00800 |