USD/JPY – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at is considered certain.
Caution: A possible trend reversal in the direction of support at 149.08300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 150.92200 |
| Next Low | 149.08300 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |