USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 155.13900 is certain.
Caution: A possible trend reversal in the direction of the support level at 154.29300 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.74500 |
| 2nd High | 155.77800 |
| Next High | 155.13900 |
| Current Price | 155.16500 |
| Next Low | 154.29300 |
| 2nd Low | 153.83600 |
| 3rd Low | 153.40300 |