The currency pair US Dollar/Japanese Yen (USD/JPY) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 155.828 is considered certain.
Caution: A possible change in the direction of resistance at 156.429 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.656 |
| 2nd High | 156.818 |
| Next High | 156.429 |
| Current Price | 156.04100 |
| Next Low | 155.828 |
| 2nd Low | 155.698 |
| 3rd Low | 155.58 |
156.429 – 156.172 – 156.818 – 155.828 – 155.698 – 156.238 —
155.81500 – 156.09100 —
38.60927380944 – 57.458034101205 —
– —
156.429 – 1772137800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –