USD/JPY – 1H – SELL
The combination jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 140.31600 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 141.23900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.71000 |
2nd High | 143.04100 |
Next High | 141.23900 |
Current Price | 141.39200 |
Next Low | 140.31600 |
2nd Low | 139.57500 |
3rd Low |