USD/JPY – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 146.96300 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 145.91400 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.24100 |
| 2nd High | 147.17900 |
| Next High | 146.96300 |
| Current Price | 148.64100 |
| Next Low | 145.91400 |
| 2nd Low | 143.52700 |
| 3rd Low | 143.41900 |