USD/JPY – 1H – SELLNext a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 157.952 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 159.452 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 159.452 |
| Current Price | 158.53600 |
| Next Low | 158.1 |
| 2nd Low | 157.514 |
| 3rd Low | 156.452 |
159.452 – 158.202 – 157.069 – 158.1 – 158.578 – 157.514 —
158.64600 – 158.85200 —
51.592611073606 – 58.224180978164 —
– —
159.45200 – 1768359600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –