USD/JPY – 1H – SELLThe combination moves from the ascending trendline downwards
A bearish movement down to the next support line at 142.89300 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 147.20600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 147.34300 |
| Next High | 147.20600 |
| Current Price | 144.66900 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |