USD/JPY – 1H – SELL

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

A continuation of the downtrend down to the next support level at 158.1 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 158.876 could occur.
Consider stop-loss settings accordingly.

There is also a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.

158.876 – 159.452 – 158.202 – 158.1 – 158.578 – 157.514 —
158.53600 – 158.70000 —
47.57067666212 – 53.323680667309 —
– —
158.87600 – 1768492800

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –