USD/JPY – 4H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 158.08100 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 156.01700 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 158.08100 |
| Current Price | 157.58700 |
| Next Low | 156.01700 |
| 2nd Low | 153.15600 |
| 3rd Low | 149.35800 |