USD/JPY – 30M – BUYThe combination US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 159.84 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 159.309 could occur.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.028 |
| 2nd High | 159.856 |
| Next High | 159.84 |
| Current Price | 159.79000 |
| Next Low | 159.309 |
| 2nd Low | 159.291 |
| 3rd Low | 159.111 |
159.84 – 159.778 – 159.683 – 159.309 – 159.291 – 159.111 —
159.75300 – 159.78000 —
58.615909102986 – 60.021027163972 —
– —
159.84 – 1776976200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –