USD/JPY – 30M – BUYThe pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 161.844 is expected.
Caution: A possible trend reversal in the direction of the support line at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 161.947 |
| Next High | 161.844 |
| Current Price | 161.73400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
161.844 – 161.947 – 161.838 – 161.528 – 161.558 – 161.552 —
161.74100 – 161.77300 —
57.771099588098 – 55.479327858073 —
– —
161.844 – 1782448200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –