USD/JPY – 1H – BUYThe pair moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 149.53900 will continue.
Caution: A possible counter-trend in the direction of the support zone at 148.84600 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 150.88700 |
| 2nd High | 149.97700 |
| Next High | 149.53900 |
| Current Price | 149.35400 |
| Next Low | 148.84600 |
| 2nd Low | 148.39700 |
| 3rd Low | 148.23700 |