USD/JPY – 1H – SELLThe combination goes from the descending trendline down.
A continuation of the bearish trend down to the next support line at 151.53100 is expected.
Caution: A possible change in the direction of the resistance zone at 152.54300 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.54300 |
| Current Price | 151.82500 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |