USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 151.54400 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 150.89300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.21600 |
| 2nd High | 151.94800 |
| Next High | 151.54400 |
| Current Price | 151.78000 |
| Next Low | 150.89300 |
| 2nd Low | 149.68900 |
| 3rd Low | 149.35800 |