USD/JPY – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 145.91400 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 148.68300 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 149.13500 |
| Next High | 148.68300 |
| Current Price | 147.58800 |
| Next Low | 145.91400 |
| 2nd Low | 142.96700 |
| 3rd Low | 141.64200 |