USD/JPY – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 148.84600 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 149.53900 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.97700 |
| 2nd High | 149.75500 |
| Next High | 149.53900 |
| Current Price | 149.02600 |
| Next Low | 148.84600 |
| 2nd Low | 148.39700 |
| 3rd Low | 148.23700 |