USD/JPY – 1H – SELLThe combination jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 149.23900 is expected.
Caution: A possible change in the direction of the resistance level at 150.31900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 149.91900 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |