USD/JPY – 1H – BUYThe combination jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 144.67900 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 142.89300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 144.67900 |
| Current Price | 144.40300 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |