USD/JPY psar bull signal

The psar bull signal on the dollar-yen currency pair (USD/JPY) sets up a continued rise of the dollar through a very congested price zone. "Congested" on this chart means lots of resistance levels.

It's on charts like these that the trader learns to love leverage.


You are here:

• Resistance
• ¥93.77, +3.5%
• ¥93.20, +2.8%
• ¥92.14, +1.7%
• ¥91.23, +0.7%
• ¥91.07, +0.5%
• Now ¥90.65
• Support
• ¥90.58, -0.06%
• ¥89.13, -1.7%
• ¥88.54, -2.4%
• ¥88.13, -2.8%

Abbreviations:
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic