USD/JPY – 1H – SELLAdditionally a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 156.365162 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 157.295 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.891 |
| 2nd High | 157.76 |
| Next High | 157.295 |
| Current Price | 156.56100 |
| Next Low | 156.16 |
| 2nd Low | 156.112 |
| 3rd Low | 155.743 |
157.295 – 156.998 – 156.992 – 156.16 – 156.112 – 156.559 —
156.74600 – 156.74500 —
60.426231456191 – 58.087659763631 —
– —
157.29500 – 1767592800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –