The combination US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline down.
A descending movement downwards to the next support line at 143.84700 is certain.
Caution: A possible change in the direction of the resistance level at 146.09800 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 148.64800 |
2nd High | 148.27200 |
Next High | 146.09800 |
Current Price | 145.73900 |
Next Low | 143.84700 |
2nd Low | 142.11100 |
3rd Low | 141.96400 |
144.45500 – 143.03000 – 143.08300 – 143.84700 – 142.11100 – 142.22400
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows