USD/JPY – 1H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 160.721 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 157.076 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 160.721 |
| Current Price | 156.38600 |
| Next Low | 157.076 |
| 2nd Low | 156.564 |
| 3rd Low | 155.495 |
157.299 – 157.245 – 157.326 – 157.076 – 156.564 – 155.495 —
157.88500 – 157.82300 —
69.783423462869 – 20.122279529943 —
– —
157.299 – 1777921200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –