USD/JPY – 1H – BUYThe combination moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 144.52700 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 142.96700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.20600 |
| 2nd High | 146.49500 |
| Next High | 144.52700 |
| Current Price | 143.89100 |
| Next Low | 142.96700 |
| 2nd Low | 141.64200 |
| 3rd Low | 140.43300 |