USD/JPY – 30M – SELLThe pair jumps from the ascending trendline down.
A bearish trend downwards to the next support level at 141.22000 will continue.
Caution: A possible trend reversal in the direction of resistance at 142.46200 is within the realm of possibility.
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 | 142.46200 |
| Current Price | 140.87400 |
| Next Low | 141.22000 |
| 2nd Low | 140.31600 |
| 3rd Low | 139.57500 |