USD/JPY – 30M – SELLBesides a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 157.889988 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 158.202 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 158.875 |
| Next High | 158.202 |
| Current Price | 158.13500 |
| Next Low | 157.669 |
| 2nd Low | 157.514 |
| 3rd Low | 157.367 |
158.202 – 158.184 – 157.069 – 157.669 – 157.514 – 157.367 —
158.16600 – 158.19800 —
60.240897143781 – 64.468822152759 —
– —
158.20200 – 1768183200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –