The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 158.899 is expected.
Caution: A possible trend reversal in the direction of the support level at 157.86 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.899 |
| Current Price | 158.83300 |
| Next Low | 157.86 |
| 2nd Low | 157.397 |
| 3rd Low | 157.271 |
158.391 – 157.975 – 158.899 – 157.86 – 157.397 – 157.271 —
158.53600 – 158.84800 —
56.89804546379 – 68.444987925452 —
– —
158.391 – 1773207000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –