USD/JPY – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 147.20600 is considered certain.
Caution: A possible trend reversal in the direction of support at 144.10700 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 144.679 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 147.20600 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 147.34300 |
| Next High | 147.20600 |
| Current Price | 144.76500 |
| Next Low | 144.10700 |
| 2nd Low | 142.89300 |
| 3rd Low | 141.73500 |