USD/JPY – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 148.37600 is certain.
Caution: A possible trend reversal in the direction of the support zone at 148.00800 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.13500 |
| 2nd High | 148.68300 |
| Next High | 148.37600 |
| Current Price | 148.59200 |
| Next Low | 148.00800 |
| 2nd Low | 147.34100 |
| 3rd Low | 145.91400 |