USD/JPY – 30M – BUY

The currency pair moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 157.92200 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 157.72200 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 158.25300
2nd High 158.22800
Next High 157.92200
Current Price 157.82500
Next Low 157.72200
2nd Low 157.62300
3rd Low 157.51300

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