USD/JPY – 1H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
An ascent up to the next resistance at 155.88500 is likely expected.
Caution: A possible change in the direction of the support level at 153.90300 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 156.74500 |
| Next High | 155.88500 |
| Current Price | 154.41500 |
| Next Low | 153.90300 |
| 2nd Low | 153.27500 |
| 3rd Low | 152.13800 |