USD/JPY – 30M – SELLThe pair jumps from the bullish trendline down.
A bearish descent down to the next support line at 149.23900 is considered certain.
Caution: A possible change in the direction of the resistance zone at 149.80400 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 149.97700 |
| Next High | 149.80400 |
| Current Price | 149.52400 |
| Next Low | 149.23900 |
| 2nd Low | 149.14200 |
| 3rd Low | 148.86600 |