Buy USD/JPY – 1H – BUY

The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 156.29 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 152.796 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘StochOSC Bullish Divergence’ indicator signal is found. The indicator shows ‘StochOSC Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High 159.223
2nd High 157.656
Next High 156.29
Current Price 153.21200
Next Low 152.796
2nd Low 152.677
3rd Low 152.093

156.29 – 157.656 – 157.334 – 152.796 – 155.517 – 156.213 —
153.52000 – 152.95900 —
35.811199174137 – 29.90151192071 —
– —
156.29 – 1770688800

Trading Signals:

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