USD/JPY – 30M – BUYThe pair goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 152.32700 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 151.54900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 153.18300 |
| Next High | 152.32700 |
| Current Price | 151.78700 |
| Next Low | 151.54900 |
| 2nd Low | 150.60100 |
| 3rd Low | 150.49100 |