USD/JPY – 4H – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) moves from the bullish trendline down.
A descending movement downwards to the next support at is considered certain.
Caution: A possible counter-trend in the direction of resistance at 148.27600 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.20700 |
| 2nd High | 150.48500 |
| Next High | 148.27600 |
| Current Price | 143.61800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
148.27600 – 148.14700 – 150.48500 – 139.88400 – 141.61000 – 142.06300