USD/JPY – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 159.636 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 158.549 could occur.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

159.636 – 159.198 – 159.528 – 158.549 – 157.591 – 158.26 —
159.39800 – 159.36600 —
57.249251645132 – 49.178407504018 —
– —
159.636 – 1776812400

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –