The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 157.299 will persist.
Caution: A possible change in the direction of the support level at 156.564 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.326 |
| Next High | 157.299 |
| Current Price | 157.23400 |
| Next Low | 156.564 |
| 2nd Low | 155.495 |
| 3rd Low | 154.217 |
157.299 – 157.201 – 157.245 – 156.564 – 155.495 – 156.302 —
157.11000 – 157.23400 —
51.324379355536 – 53.980000282645 —
– —
157.299 – 1777921200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –