The combination US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 162.542 is certain.
Caution: A possible trend reversal in the direction of support at 162.12700 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.838 |
| 2nd High | 162.704 |
| Next High | 162.542 |
| Current Price | 162.42800 |
| Next Low | 162.12700 |
| 2nd Low | 161.978 |
| 3rd Low | 161.891 |
162.542 – 162.417 – 162.481 – 162.12700 – 161.978 – 161.891 —
162.41900 – 162.44200 —
45.042168744599 – 51.423627900385 —
162.12700 – 1784278800 —
162.542 – 1784228400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –