USD/JPY – 30M – BUYAlso there is a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 158.966402 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 159.428 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 159.452 |
| Next High | 159.428 |
| Current Price | 159.35400 |
| Next Low | 158.566 |
| 2nd Low | 157.86 |
| 3rd Low | 157.397 |
159.428 – 159.234 – 158.97 – 158.566 – 157.86 – 157.397 —
159.36100 – 159.37000 —
60.119478638969 – 54.790488978277 —
– —
159.428 – 1773352800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –