USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 153.664 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 152.638 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.651 |
| 2nd High | 153.755 |
| Next High | 153.664 |
| Current Price | 152.80300 |
| Next Low | 152.638 |
| 2nd Low | 152.361 |
| 3rd Low | 152.265 |
153.664 – 153.755 – 153.546 – 152.638 – 152.361 – 152.265 —
153.33500 – 152.90500 —
50.239932219026 – 36.956829845312 —
– —
153.664 – 1770980400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –