USD/JPY – 30M – BUYThe combination breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 152.10200 will persist.
Caution: A possible trend reversal in the direction of support at 151.45400 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.18300 |
| 2nd High | 152.32700 |
| Next High | 152.10200 |
| Current Price | 151.96700 |
| Next Low | 151.45400 |
| 2nd Low | 150.60100 |
| 3rd Low | 150.49100 |