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 |