USD/JPY – 30M – SELLThe currency pair jumps from the bullish trendline downwards
A descending movement downwards to the next support line at 149.23900 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 149.80400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 149.97700 |
| Next High | 149.80400 |
| Current Price | 149.78000 |
| Next Low | 149.23900 |
| 2nd Low | 149.14200 |
| 3rd Low | 148.86600 |