USD/JPY – 30M – BUYThe combination breaks through the descending trendline up.
An ascending movement up to the next resistance line at 141.23900 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 140.31600 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.04100 |
| 2nd High | 141.41100 |
| Next High | 141.23900 |
| Current Price | 141.58000 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |