USD/JPY – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 147.50800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 148.20600 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.13500 |
| 2nd High | 148.68300 |
| Next High | 148.20600 |
| Current Price | 147.67600 |
| Next Low | 147.50800 |
| 2nd Low | 145.91400 |
| 3rd Low | 143.52700 |