USD/JPY – 1H – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 151.10200 will continue.
Caution: A possible reversal of the trend in the direction of support at 150.60100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 151.10200 |
| Current Price | 151.06200 |
| Next Low | 150.60100 |
| 2nd Low | 149.08300 |
| 3rd Low | 148.86600 |