USD/JPY – 1H – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 151.53100 is expected.
Caution: A possible change in the direction of resistance at 153.08900 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.87600 |
| 2nd High | 153.86400 |
| Next High | 153.08900 |
| Current Price | 152.18300 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |