USD/JPY – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 149.23900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 150.24400 |
| Next Low | 149.23900 |
| 2nd Low | 149.14200 |
| 3rd Low | 148.86600 |