USD/JPY – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 142.89300 will continue.
Caution: A possible change in the direction of the resistance level at 144.67900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 143.786 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 144.67900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.20600 |
| 2nd High | 146.28600 |
| Next High | 144.67900 |
| Current Price | 143.93700 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |