USD/JPY – 1H – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 161.838 is considered certain.
Caution: A possible change in the direction of support at 161.552 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 161.924 |
| Next High | 161.838 |
| Current Price | 161.76200 |
| Next Low | 161.552 |
| 2nd Low | 161.268 |
| 3rd Low | 161.127 |
161.838 – 161.736 – 161.924 – 161.552 – 161.268 – 161.127 —
161.89600 – 161.76000 —
57.36744105853 – 42.006427554498 —
– —
161.838 – 1782338400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –