The pair US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 159.995 is certain.
Caution: A possible trend reversal in the direction of support at 159.368 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 160.721 |
| Next High | 159.995 |
| Current Price | 160.00900 |
| Next Low | 159.368 |
| 2nd Low | 159.194 |
| 3rd Low | 159.115 |
159.995 – 159.993 – 159.984 – 159.368 – 159.813 – 159.652 —
159.83600 – 159.99300 —
48.995341490514 – 59.007606538171 —
– —
159.995 – 1780480800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –