USD/JPY – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 153.18300 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 152.46900 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 153.18300 |
| Current Price | 152.15600 |
| Next Low | 152.46900 |
| 2nd Low | 150.60100 |
| 3rd Low | 150.49100 |