USD/JPY – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 153.18300 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 151.54900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 153.18300 |
| Current Price | 151.85800 |
| Next Low | 151.54900 |
| 2nd Low | 150.60100 |
| 3rd Low | 149.08300 |