USD/JPY – 4H – BUY

The combination US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 160.593 is expected.

Caution: A possible change in the direction of the support line at 159.368 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

160.593 – 160.39 – 160.083 – 159.368 – 159.096 – 158.732 —
160.55700 – 160.24000 —
66.694821685538 – 47.513601746817 —
– —
160.593 – 1781179200

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