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: FOREX – USD – USD/JPY – JPY – – – – – – – – – –