USD/JPY – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement down to the next support line at 149.23900 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 149.80400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 149.97700 |
| Next High | 149.80400 |
| Current Price | 149.71800 |
| Next Low | 149.23900 |
| 2nd Low | 149.14200 |
| 3rd Low | 148.86600 |