USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 148.776 is certain.
Caution: A possible change in the direction of the support zone at 148.078 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 150.924 |
| 2nd High | 150.485 |
| Next High | 148.776 |
| Current Price | 148.17000 |
| Next Low | 148.078 |
| 2nd Low | 148.015 |
| 3rd Low | 147.877 |
148.776 – 148.413 – 147.107 – 148.078 – 148.015 – 147.877 — 37.917703050972 – 43.345940597977 — 47.852489622269 – 61.237135315133 – 62.000435195242 – 57.720743272599