USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 159.198 is certain.
Caution: A possible change in the direction of the support line at 158.791 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.856 |
| 2nd High | 159.528 |
| Next High | 159.198 |
| Current Price | 159.17600 |
| Next Low | 158.791 |
| 2nd Low | 158.549 |
| 3rd Low | 157.591 |
158.99 – 158.919 – 159.072 – 158.791 – 158.549 – 158.726 —
159.21100 – 159.18000 —
69.234284754052 – 52.36010846645 —
– —
158.99 – 1776742200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –