USD/JPY – 30M – SELLThe combination moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 152.13800 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 153.36600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 154.70900 |
| Next High | 153.36600 |
| Current Price | 152.42100 |
| Next Low | 152.13800 |
| 2nd Low | 151.28200 |
| 3rd Low | 150.60100 |