USD/JPY – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 143.04100 is likely expected.
Caution: A possible counter-trend in the direction of support at 140.31600 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.79300 |
| 2nd High | 143.71000 |
| Next High | 143.04100 |
| Current Price | 142.25500 |
| Next Low | 140.31600 |
| 2nd Low | 139.57500 |
| 3rd Low |