USD/JPY – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 151.10200 is certain.
Caution: A possible trend reversal in the direction of the support level at 150.60100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 151.10200 |
| Current Price | 151.07000 |
| Next Low | 150.60100 |
| 2nd Low | 150.49100 |
| 3rd Low | 149.08300 |