USD/JPY – 30M – SELLThe combination moves from the ascending trendline downwards
A bearish trend down to the next support level at 149.46200 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 150.31900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 149.95300 |
| Next Low | 149.46200 |
| 2nd Low | 149.23900 |
| 3rd Low | 149.14200 |