USD/JPY – 30M – BUYThe pair breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 150.60100 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 | 151.64300 |
| Next Low | 150.60100 |
| 2nd Low | 150.49100 |
| 3rd Low | 149.08300 |