USD/JPY – 30M – BUY

The pair US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance level at 143.93100 is expected.

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

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

143.93100 – 144.50800 – 144.94500 – 142.67800 – 143.43600 – 143.77800

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji –