USD/JPY – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 147.20600 is likely expected.
Caution: A possible change in the direction of the support level at 144.10700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 147.34300 |
| Next High | 147.20600 |
| Current Price | 146.25400 |
| Next Low | 144.10700 |
| 2nd Low | 142.89300 |
| 3rd Low | 141.73500 |