USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 151.94800 is expected.
Caution: A possible change in the direction of the support zone at 149.53000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.48600 |
| 2nd High | 154.21600 |
| Next High | 151.94800 |
| Current Price | 150.03700 |
| Next Low | 149.53000 |
| 2nd Low | 149.08300 |
| 3rd Low | 148.86600 |