Buy USD/JPY – 30M – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance line at 159.45200 is expected.

Caution: A possible trend reversal in the direction of the support level at 158.846 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Support & Resistance Price Range*
3rd High
2nd High 159.743
Next High 159.45200
Current Price 159.43700
Next Low 158.846
2nd Low 158.566
3rd Low 157.86

159.45200 – 159.354 – 159.743 – 158.846 – 159.25 – 159.003 —
159.45200 – 159.34000 —
63.080336658301 – 49.196173290831 —
159.45200 – 1773720000 —
– 1773720000

Trading Signals:

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