USD/JPY – 1H – SELLThe pair moves from the bullish trendline down.
A descending movement down to the next support at 151.78900 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 153.08900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.87600 |
| 2nd High | 153.86400 |
| Next High | 153.08900 |
| Current Price | 151.80700 |
| Next Low | 151.78900 |
| 2nd Low | 151.78300 |
| 3rd Low | 151.45400 |