USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 158.08100 is certain.
Caution: A possible counter-trend in the direction of the support level at 157.05500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 158.08100 |
| Current Price | 157.91100 |
| Next Low | 157.05500 |
| 2nd Low | 156.88600 |
| 3rd Low | 156.46100 |