The pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 156.74500 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 153.15600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 156.74500 |
Current Price | 156.60600 |
Next Low | 153.15600 |
2nd Low | 149.35800 |
3rd Low | 148.64200 |