USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at will persist.
Caution: A possible counter-trend in the direction of the support zone at 159.008 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 159.50200 |
| Next Low | 159.008 |
| 2nd Low | 158.566 |
| 3rd Low | 157.86 |
159.428 – 159.234 – 158.97 – 159.008 – 158.566 – 157.86 —
159.37000 – 159.46400 —
54.790489259093 – 56.118850891816 —
– —
159.428 – 1773352800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –