USD/JPY – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 149.80400 will persist.
Caution: A possible counter-trend in the direction of support at 149.23900 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 149.97700 |
| Next High | 149.80400 |
| Current Price | 150.01700 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |