USD/JPY – 30M – BUYThe combination breaks through the bearish trendline up.
A bullish trend up to the next resistance at 141.23900 is expected.
Caution: A possible counter-trend in the direction of support at 140.31600 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.04100 |
| 2nd High | 141.41100 |
| Next High | 141.23900 |
| Current Price | 140.74100 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |