USD/JPY – 30M – BUY
The combination breaks through the descending trendline up.
An ascending movement up to the next resistance line at 141.23900 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 140.31600 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.04100 |
2nd High | 141.41100 |
Next High | 141.23900 |
Current Price | 141.58000 |
Next Low | 140.31600 |
2nd Low | 139.57500 |
3rd Low |