USD/JPY – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 142.89300 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 146.49500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 146.49500 |
| Current Price | 143.13100 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |