USD/JPY – 1H – SELL

The combination US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline downwards

A bearish trend downwards to the next support line at 158.56600 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 159.234 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

159.234 – 158.899 – 157.847 – 158.56600 – 157.86 – 157.271 —
158.74200 – 159.40900 —
47.69761852034 – 68.809544084021 —
158.56600 – 1773324000 —
159.234 – 1773284400

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