USD/JPY – 1H – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 147.641 will persist.
Caution: A possible change in the direction of support at 146.304 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.776 |
| 2nd High | 148.574 |
| Next High | 147.641 |
| Current Price | 147.20500 |
| Next Low | 146.304 |
| 2nd Low | 146.211 |
| 3rd Low | 144.179 |
147.641 – 148.574 – 148.776 – 146.304 – 147.462 – 146.814 — 40.46737311756 – 42.434336869315 — 20.05673478139 – 18.655682549107 – 14.389303954392 – 17.734841862792