Buy USD/JPY – 30M – BUY

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

A continuation of the uptrend up to the next resistance level at will continue.

Caution: A possible reversal of the trend in the direction of the support level at 160.07200 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 160.53400
Next Low 160.07200
2nd Low 159.472
3rd Low 158.955

160.452 – 159.786 – 159.566 – 160.07200 – 159.472 – 158.955 —
160.20300 – 160.42300 —
47.319124563516 – 63.536331886587 —
160.07200 – 1777518000 —
160.452 – 1777505400

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