USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 157.77700 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 157.11000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.08100 |
| 2nd High | 158.06800 |
| Next High | 157.77700 |
| Current Price | 157.15000 |
| Next Low | 157.11000 |
| 2nd Low | 156.01700 |
| 3rd Low | 155.94900 |