Buy USD/JPY – 30M – BUY

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 155.554 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 160.721 is within the realm of possibility.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High
Next High 160.721
Current Price 156.51900
Next Low 155.554
2nd Low 155.534
3rd Low 154.217

160.721 – 160.452 – 159.786 – 155.554 – 160.072 – 159.472 —
157.10600 – 156.73800 —
17.38941336551 – 24.681642034266 —
– —
160.721 – 1777539600

Trading Signals:

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