USD/JPY – 1H – SELL

The currency pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.

A continuation of the downward movement down to the next support level at 159.538 will continue.

Caution: A possible counter-trend in the direction of resistance at 160.372 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.

160.372 – 160.593 – 160.567 – 159.538 – 160.421 – 160.049 —
160.18000 – 160.23500 —
45.959857634077 – 49.486991433029 —
– —
160.372 – 1781258400

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