USD/JPY – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 151.53100 is expected.
Caution: A possible change in the direction of the resistance level at 152.27300 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.27300 |
| Current Price | 152.42100 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |