USD/JPY – 30M – BUYThe currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 148.37600 will continue.
Caution: A possible reversal of the trend in the direction of support at 147.34100 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.13500 |
| 2nd High | 148.68300 |
| Next High | 148.37600 |
| Current Price | 148.31600 |
| Next Low | 147.34100 |
| 2nd Low | 145.91400 |
| 3rd Low | 143.52700 |