Buy USD/JPY – 30M – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The pair is likely to go up.

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

The bullish trend up to the next resistance line at 145.46400 will continue.

Caution: A possible trend reversal in the direction of the support level at 144.39900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 147.11900
2nd High 146.28400
Next High 145.46400
Current Price 145.21800
Next Low 144.39900
2nd Low 143.64800
3rd Low 142.79100

145.02100 – 145.10900 – 144.75000 – 144.39900 – 143.64800 – 143.97000

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