USD/JPY – 1H – BUY

The combination breaks through the descending trendline upwards

An ascent upwards to the next resistance at 154.64700 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 153.40900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 160.21700
2nd High 157.98400
Next High 154.64700
Current Price 154.58900
Next Low 153.40900
2nd Low 151.85600
3rd Low 151.56700

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