USD/JPY – 30M – BUYThe combination breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 152.27300 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 151.53100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.27300 |
| Current Price | 152.38100 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |