The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 156.985 is expected.
Caution: A possible change in the direction of the support level at 156.163 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.985 |
| Current Price | 156.64200 |
| Next Low | 156.163 |
| 2nd Low | 156.016 |
| 3rd Low | 155.611 |
156.985 – 156.522 – 156.508 – 156.163 – 156.016 – 156.019 —
156.78100 – 156.65500 —
50.230131302651 – 43.569598325077 —
– —
156.985 – 1778211000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –