The combination US Dollar/Japanese Yen (USD/JPY) jumps from the ascending trendline down.
A bearish trend down to the next support line at 156.293 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 156.803 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.569 |
| 2nd High | 157.295 |
| Next High | 156.803 |
| Current Price | 156.61500 |
| Next Low | 156.293 |
| 2nd Low | 156.16 |
| 3rd Low | 156.112 |
156.803 – 156.746 – 156.791 – 156.293 – 156.16 – 156.112 —
156.55900 – 156.79800 —
48.509405334255 – 63.067612515257 —
– —
156.80300 – 1767751200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –