USD/JPY – 30M – SELLThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 149.07700 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 150.74700 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.21600 |
| 2nd High | 151.94800 |
| Next High | 150.74700 |
| Current Price | 150.11200 |
| Next Low | 149.07700 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |