USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 157.774 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 157.108 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.193 |
| 2nd High | 158.08 |
| Next High | 157.774 |
| Current Price | 157.61500 |
| Next Low | 157.108 |
| 2nd Low | 155.213 |
| 3rd Low | 155.047 |
157.774 – 155.728 – 155.373 – 157.108 – 155.213 – 155.047 —
157.22100 – 157.70500 —
48.822092677217 – 60.207553486058 —
– —
157.77400 – 1763629200