USD/JPY – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 159.636 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 159.1 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

159.636 – 159.253 – 158.99 – 159.1 – 159.011 – 158.791 —
159.26000 – 159.51100 —
48.099495329748 – 61.800080949248 —
– —
159.636 – 1776812400

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