USD/JPY – 1H – SELLThe combination jumps from the ascending trendline downwards
A descending movement downwards to the next support at 149.08300 is likely expected.
Caution: A possible trend reversal in the direction of resistance at is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 150.84500 |
| Next Low | 149.08300 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |