USD/JPY – 1H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 149.08300 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 150.31900 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 150.68000 |
| Next Low | 149.08300 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |