FX.co ★ USDJPY ,Day | Bullish Continuation Expected?

The USD/JPY chart shows a bullish momentum with the price above a significant ascending trend line, indicating potential for further upward movement. Traders should watch for a possible bullish continuation towards the 1st resistance at 145.56, while considering the importance of the 2nd support at 150.25 as a swing high resistance. On the downside, the 1st support at 142.16 and the 2nd support at 138.28 play key roles as pullback and overlap supports, respectively, for potential price support. Monitoring these levels is essential for informed trading decisions.