USD/JPY – 30M – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 149.97700 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 148.39700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.25900 |
| 2nd High | 150.88700 |
| Next High | 149.97700 |
| Current Price | 149.72700 |
| Next Low | 148.39700 |
| 2nd Low | 148.23700 |
| 3rd Low | 148.00800 |