USD/JPY – 1H – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 158.202 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 157.514 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 158.875 |
| Next High | 158.202 |
| Current Price | 157.93700 |
| Next Low | 157.514 |
| 2nd Low | 156.452 |
| 3rd Low | 156.293 |
158.202 – 157.069 – 156.953 – 157.514 – 156.452 – 156.293 —
158.14300 – 157.95300 —
57.99357360134 – 52.333240806967 —
– —
158.20200 – 1768183200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –