USD/JPY – 30M – BUYThe combination jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 153.86400 is expected.
Caution: A possible trend reversal in the direction of support at 152.24600 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 153.87600 |
| Next High | 153.86400 |
| Current Price | 152.41100 |
| Next Low | 152.24600 |
| 2nd Low | 151.69400 |
| 3rd Low | 151.45400 |