USD/JPY – 1H – BUY

The combination jumps from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 158.22800 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 157.51300 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 160.21700
2nd High 158.25300
Next High 158.22800
Current Price 157.86200
Next Low 157.51300
2nd Low 157.15400
3rd Low 156.57800

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