Buy USD/JPY – 4H – BUY

The pair US Dollar/Japanese Yen (USD/JPY) breaks through the bearish trendline up.

An ascent upwards to the next resistance line at 159.743 is expected.

Caution: A possible change in the direction of support at 157.271 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Support & Resistance Price Range*
3rd High
2nd High
Next High 159.743
Current Price 159.03900
Next Low 157.271
2nd Low 156.449
3rd Low 155.534

159.743 – 158.899 – 157.965 – 157.271 – 156.449 – 155.534 —
159.58100 – 159.21100 —
58.184750521738 – 50.524776476244 —
– —
159.743 – 1773432000

Trading Signals:

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