USD/JPY – 30M – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 162.017 is certain.
Caution: A possible change in the direction of the support line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.179 |
| 2nd High | 162.078 |
| Next High | 162.017 |
| Current Price | 162.09300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
162.017 – 162.078 – 162.179 – 161.75 – 161.257 – 160.488 —
161.97300 – 161.91100 —
48.560080417888 – 46.528501025295 —
– —
162.017 – 1783443600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –