USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
An ascent up to the next resistance level at 147.583 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 146.304 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.574 |
| 2nd High | 147.877 |
| Next High | 147.583 |
| Current Price | 147.40000 |
| Next Low | 146.304 |
| 2nd Low | 146.211 |
| 3rd Low | 144.43 |
147.583 – 147.57 – 147.877 – 146.304 – 148.078 – 148.015 — 43.337019646754 – 48.560044400986 — 0 – 11.183788636655 – 17.844192844193 – 9.1428849605071