USD/JPY – 4H – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 144.02700 is likely expected.
Caution: A possible change in the direction of the support level at 139.88400 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 150.48500 |
| 2nd High | 148.27600 |
| Next High | 144.02700 |
| Current Price | 142.52300 |
| Next Low | 139.88400 |
| 2nd Low | |
| 3rd Low |
144.02700 – 148.27600 – 148.14700 – 139.88400 – 141.61000 – 142.06300