USD/JPY – 30M – SELLThe combination goes from the ascending trendline down.
A bearish movement down to the next support line at 149.08300 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 150.31900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 150.61800 |
| Next Low | 149.08300 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |