USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
An ascent up to the next resistance at 155.13900 is likely expected.
Caution: A possible counter-trend in the direction of support at 153.83600 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.74500 |
| 2nd High | 155.77800 |
| Next High | 155.13900 |
| Current Price | 154.94200 |
| Next Low | 153.83600 |
| 2nd Low | 153.40300 |
| 3rd Low | 152.13800 |