USD/JPY – 30M – BUYThe combination breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 150.49100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 150.881 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 151.00000 |
| Next Low | 150.49100 |
| 2nd Low | 149.08300 |
| 3rd Low | 148.86600 |