USD/JPY – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 151.57800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 152.10200 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.18300 |
| 2nd High | 152.32700 |
| Next High | 152.10200 |
| Current Price | 151.83800 |
| Next Low | 151.57800 |
| 2nd Low | 151.54900 |
| 3rd Low | 150.60100 |