USD/JPY – 4H – BUYThe combination US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 160.721 is expected.
Caution: A possible counter-trend in the direction of the support level at 159.368 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 160.721 |
| Current Price | 160.07000 |
| Next Low | 159.368 |
| 2nd Low | 159.096 |
| 3rd Low | 158.732 |
160.083 – 159.651 – 159.343 – 159.368 – 159.096 – 158.732 —
159.98700 – 160.34300 —
61.021790411668 – 53.395261813616 —
– —
160.083 – 1780516800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –