USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
A bullish movement up to the next resistance at 158.899 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 157.86 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.899 |
| Current Price | 158.50000 |
| Next Low | 157.86 |
| 2nd Low | 157.397 |
| 3rd Low | 157.271 |
158.391 – 157.975 – 158.899 – 157.86 – 157.397 – 157.271 —
158.16800 – 158.41500 —
52.382674838291 – 54.840221279943 —
– —
158.391 – 1773207000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –