USD/JPY – 1H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 161.807 is expected.
Caution: A possible change in the direction of the support line at 160.473 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 161.807 |
| Current Price | 161.32900 |
| Next Low | 160.473 |
| 2nd Low | 160.113 |
| 3rd Low | 160.044 |
161.807 – 160.793 – 160.479 – 160.473 – 160.113 – 160.044 —
161.34900 – 161.31700 —
58.883768056573 – 49.31619576872 —
– —
161.807 – 1781820000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –