Buy USD/JPY – 30M – BUY

The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 143.99700 is certain.

Caution: A possible change in the direction of the support zone at 143.44100 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 144.42200
2nd High 144.27200
Next High 143.99700
Current Price 144.24000
Next Low 143.44100
2nd Low 142.90100
3rd Low 142.82600

143.99700 – 143.45200 – 143.30900 – 143.44100 – 142.90100 – 142.82600

Download USD/JPY Signal Image

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