USD/JPY – 1H – BUYThe combination breaks through the descending trendline up.
A bullish trend up to the next resistance level at 150.31900 is expected.
Caution: A possible change in the direction of the support line at 149.23900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 149.56700 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |