USD/JPY – 30M – SELL

The combination US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline down.

A descending movement downwards to the next support at 158.578 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

159.188 – 159.046 – 158.202 – 158.578 – 157.889 – 157.669 —
159.16300 – 159.42400 —
63.911192722309 – 69.674475863276 —
– —
159.18800 – 1768327200

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –