USD/JPY – 30M – SELL
The combination moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 142.77800 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 146.49500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 147.34300 |
2nd High | 147.20600 |
Next High | 146.49500 |
Current Price | 142.40900 |
Next Low | 142.77800 |
2nd Low | 141.73500 |
3rd Low | 140.43300 |