USD/JPY – 1H – BUYThe pair breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 148.68300 will continue.
Caution: A possible counter-trend in the direction of the support line at 148.00800 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 149.13500 |
| Next High | 148.68300 |
| Current Price | 149.35700 |
| Next Low | 148.00800 |
| 2nd Low | 147.34100 |
| 3rd Low | 145.91400 |