USD/JPY – 1H – BUYThe currency pair goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 147.20600 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 142.89300 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 147.34300 |
| Next High | 147.20600 |
| Current Price | 144.59600 |
| Next Low | 142.89300 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |