USD/JPY – 30M – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 160.442 is expected.

Caution: A possible counter-trend in the direction of the support level at 160.049 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

160.442 – 160.274 – 160.267 – 160.049 – 159.843 – 159.728 —
160.37400 – 160.37000 —
62.864861069788 – 54.52867961512 —
– —
160.442 – 1781033400

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –