Buy USD/JPY – 4H – BUY

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

A continuation of the upward movement up to the next resistance level at 159.52800 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 160.028
2nd High 159.856
Next High 159.52800
Current Price 158.90400
Next Low
2nd Low
3rd Low

159.52800 – 159.856 – 160.028 – 157.884 – 158.271 – 157.504 —
159.52800 – 159.02300 —
50.889651750254 – 48.733752272794 —
159.52800 – 1776412800 —
– 1776412800

Trading Signals:

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