The pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 158.087 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 157.386 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.087 |
| Current Price | 158.06400 |
| Next Low | 157.386 |
| 2nd Low | 157.375 |
| 3rd Low | 156.898 |
158.087 – 157.899 – 157.847 – 157.386 – 157.375 – 156.898 —
157.82400 – 157.87200 —
49.84843991144 – 51.057926595693 —
– —
158.087 – 1772812800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –