USD/JPY – 30M – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 154.79600 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 153.27500 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.77800 |
| 2nd High | 155.35500 |
| Next High | 154.79600 |
| Current Price | 154.83100 |
| Next Low | 153.27500 |
| 2nd Low | 152.13800 |
| 3rd Low | 151.28200 |