USD/JPY – 30M – SELLThe pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 147.09800 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 148.18100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.77500 |
| 2nd High | 148.73600 |
| Next High | 148.18100 |
| Current Price | 147.09800 |
| Next Low | 147.09800 |
| 2nd Low | 146.98500 |
| 3rd Low | 146.57300 |
148.18100 – 147.72100 – 147.90600 – 147.09800 – 146.98500 – 147.09500 — 44.366513994017 – 40.983953874706 — 73.022834106624 – 70.955292083488 – 80.963017713721 – 76.303745235794