USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 159.743 will persist.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 159.743 |
| Current Price | 159.33200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
159.743 – 159.68 – 159.428 – 159.25 – 159.003 – 159.008 —
159.60300 – 159.36900 —
54.343219252105 – 40.408399524512 —
– —
159.743 – 1773444600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –