The pair US Dollar/Japanese Yen (USD/JPY) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 158.846 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 159.354 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. chart signal.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 159.743 |
| Next High | 159.354 |
| Current Price | 159.33900 |
| Next Low | 158.846 |
| 2nd Low | 158.566 |
| 3rd Low | 157.86 |
159.354 – 159.743 – 159.68 – 158.846 – 159.25 – 159.003 —
159.09500 – 159.45200 —
42.046114696719 – 63.080335510042 —
– —
159.354 – 1773687600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –