USD/JPY – 1H – SELLThe pair US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline down.
A bearish descent downwards to the next support line at 156.293 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 156.803 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.76 |
| 2nd High | 157.295 |
| Next High | 156.803 |
| Current Price | 156.71500 |
| Next Low | 156.293 |
| 2nd Low | 156.16 |
| 3rd Low | 156.112 |
156.803 – 157.295 – 156.998 – 156.293 – 156.16 – 156.112 —
156.70100 – 156.94200 —
56.894998803972 – 64.352706775668 —
– —
156.80300 – 1767751200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –