USD/JPY – 30M – BUYThe combination US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 158.919 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.198 |
| 2nd High | 159.072 |
| Next High | 158.919 |
| Current Price | 158.98600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
158.919 – 159.072 – 159.198 – 158.549 – 158.726 – 157.591 —
158.85100 – 158.98800 —
53.02363033059 – 58.584573483705 —
– —
158.919 – 1776720600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –