USD/JPY – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 140.31600 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 141.23900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.71000 |
| 2nd High | 143.04100 |
| Next High | 141.23900 |
| Current Price | 142.00700 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |