USD/JPY – 30M – SELL
The combination jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 142.65000 is expected.
Caution: A possible change in the direction of resistance at 143.79300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 144.22800 |
2nd High | 144.03600 |
Next High | 143.79300 |
Current Price | 143.23300 |
Next Low | 142.65000 |
2nd Low | 141.94600 |
3rd Low | 141.77000 |