The combination US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 162.471 is expected.
Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.704 |
| 2nd High | 162.542 |
| Next High | 162.471 |
| Current Price | 162.28800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
162.471 – 162.542 – 162.278 – 162.309 – 161.978 – 161.891 —
162.38900 – 162.39500 —
51.932086982413 – 36.093979697254 —
– —
162.471 – 1784262600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –