USD/JPY – 1H – BUYThe combination moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 142.46200 is certain.
Caution: A possible trend reversal in the direction of the support line at 140.31600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.71000 |
| 2nd High | 143.04100 |
| Next High | 142.46200 |
| Current Price | 141.54300 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |