USD/JPY – 1H – BUYThe combination goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 143.79300 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 142.65000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.22800 |
| 2nd High | 144.03600 |
| Next High | 143.79300 |
| Current Price | 143.18000 |
| Next Low | 142.65000 |
| 2nd Low | 141.77000 |
| 3rd Low | 141.68100 |