Sell USD/JPY – 1H – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at 157.076 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 157.934 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High
2nd High 160.721
Next High 157.934
Current Price 155.75300
Next Low 157.076
2nd Low 156.564
3rd Low 155.495

157.934 – 157.299 – 157.245 – 157.076 – 156.564 – 155.495 —
157.69300 – 156.28900 —
55.985737714416 – 30.208155864228 —
– —
157.934 – 1778029200

Trading Signals:

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