USD/JPY – 30M – SELL
The combination moves from the ascending trendline down.
The bearish trend downwards to the next support level at 149.00000 is expected.
Caution: A possible trend reversal in the direction of resistance at 149.77400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 151.25900 |
2nd High | 150.88700 |
Next High | 149.77400 |
Current Price | 149.11500 |
Next Low | 149.00000 |
2nd Low | 148.00800 |
3rd Low | 147.34100 |