USD/JPY – 30M – SELLThe pair US Dollar/Japanese Yen (USD/JPY) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 143.97200 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 144.77000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 145.08600 |
| 2nd High | 144.94500 |
| Next High | 144.77000 |
| Current Price | 144.52800 |
| Next Low | 143.97200 |
| 2nd Low | 143.41700 |
| 3rd Low | 142.77300 |
144.77000 – 144.94500 – 145.08600 – 143.97200 – 143.41700 – 142.77300