USD/JPY – 4H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 157.84800 is considered certain.
Caution: A possible change in the direction of the support level at 156.01700 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 158.08100 |
| Next High | 157.84800 |
| Current Price | 157.62100 |
| Next Low | 156.01700 |
| 2nd Low | 153.15600 |
| 3rd Low | 149.35800 |