USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 156.522 is certain.
Caution: A possible change in the direction of the support level at 156.019 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.522 |
| Current Price | 156.32500 |
| Next Low | 156.019 |
| 2nd Low | 155.611 |
| 3rd Low | 155.036 |
156.522 – 156.508 – 157.934 – 156.019 – 155.611 – 155.036 —
156.41500 – 156.27200 —
49.520861531857 – 45.889894633497 —
– —
156.522 – 1778122800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –