Buy USD/JPY – 4H – BUY

The pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance level at 159.223 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 157.271 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High
2nd High 159.452
Next High 159.223
Current Price 159.67200
Next Low 157.271
2nd Low 156.449
3rd Low 155.534

158.899 – 157.965 – 156.818 – 157.271 – 156.449 – 155.534 —
159.12400 – 159.49800 —
63.440343806416 – 64.352233188974 —
– —
158.899 – 1773028800

Trading Signals:

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