Buy USD/JPY – 4H – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 158.899 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 156.449 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Support & Resistance Price Range*
3rd High 159.452
2nd High 159.223
Next High 158.899
Current Price 158.50000
Next Low 156.449
2nd Low 155.534
3rd Low 153.995

158.899 – 157.965 – 156.818 – 156.449 – 155.534 – 153.995 —
157.95200 – 158.39100 —
48.068518581305 – 56.015392090755 —
– —
158.899 – 1773028800

Trading Signals:

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