USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 155.373 will persist.
Caution: A possible trend reversal in the direction of the support line at 155.047 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.88 |
| 2nd High | 155.518 |
| Next High | 155.373 |
| Current Price | 155.53100 |
| Next Low | 155.047 |
| 2nd Low | 154.813 |
| 3rd Low | 154.413 |
155.373 – 155.302 – 154.74 – 155.047 – 154.813 – 154.413 —
155.60000 – 155.55800 —
63.610857336068 – 58.29871787468 —
– —
155.37300 – 1763431200
Trading Signals: FOREX – USD – USD/JPY – JPY – – Double top chart pattern – – – –