The currency pair US Dollar/Japanese Yen (USD/JPY) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 156.163 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 156.985 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.985 |
| Current Price | 156.72700 |
| Next Low | 156.163 |
| 2nd Low | 156.016 |
| 3rd Low | 155.611 |
156.985 – 156.522 – 156.508 – 156.163 – 156.016 – 156.019 —
156.84700 – 156.85200 —
55.660089328751 – 53.940638190909 —
– —
156.985 – 1778211000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –