The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 158.899 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 156.449 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.899 |
| Current Price | 158.50000 |
| Next Low | 156.449 |
| 2nd Low | 155.534 |
| 3rd Low | 153.995 |
158.899 – 157.965 – 156.818 – 156.449 – 155.534 – 153.995 —
157.95200 – 158.39100 —
48.068518581305 – 56.015392090755 —
– —
158.899 – 1773028800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –