USD/JPY – 1H – BUYThe currency pair breaks through the bearish trendline up.
An ascent upwards to the next resistance at 149.53900 will continue.
Caution: A possible counter-trend in the direction of the support level at 148.84600 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 150.88700 |
| 2nd High | 149.97700 |
| Next High | 149.53900 |
| Current Price | 149.44700 |
| Next Low | 148.84600 |
| 2nd Low | 148.39700 |
| 3rd Low | 148.23700 |