USD/JPY – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 149.36100 will persist.
Caution: A possible trend reversal in the direction of resistance at 150.15200 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 | 150.31900 |
| Next High | 150.15200 |
| Current Price | 149.19900 |
| Next Low | 149.36100 |
| 2nd Low | 149.23900 |
| 3rd Low | 149.14200 |