USD/JPY – 1H – SELL
The currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 140.31600 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 141.23900 should be noted.
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 | 141.23900 |
Current Price | 142.00700 |
Next Low | 140.31600 |
2nd Low | 139.57500 |
3rd Low |