USD/JPY – 1H – BUY
The combination jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 142.46200 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 140.31600 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.71000 |
2nd High | 143.04100 |
Next High | 142.46200 |
Current Price | 141.84200 |
Next Low | 140.31600 |
2nd Low | 139.57500 |
3rd Low |