USD/JPY – 1H – BUY

The combination US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 159.636 is certain.

Caution: A possible counter-trend in the direction of the support zone at 159.1 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. chart signal.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

159.636 – 159.198 – 159.528 – 159.1 – 158.549 – 157.591 —
159.52200 – 159.68300 —
55.787400403563 – 48.437552786599 —
– —
159.636 – 1776812400

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