USD/JPY – 30M – SELL
The pair jumps from the ascending trendline down.
A bearish trend downwards to the next support level at 141.22000 will continue.
Caution: A possible trend reversal in the direction of resistance at 142.46200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.71000 |
2nd High | 143.04100 |
Next High | 142.46200 |
Current Price | 140.87400 |
Next Low | 141.22000 |
2nd Low | 140.31600 |
3rd Low | 139.57500 |