USD/JPY – 1H – BUYThe pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 147.17900 is certain.
Caution: A possible trend reversal in the direction of the support zone at 145.91400 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.24100 |
| Next High | 147.17900 |
| Current Price | 148.69500 |
| Next Low | 145.91400 |
| 2nd Low | 142.96700 |
| 3rd Low | 141.64200 |