USD/JPY – 1H – BUYAlso there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 161.7335 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 162.838 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 162.838 |
| Current Price | 161.45300 |
| Next Low | 160.629 |
| 2nd Low | 160.473 |
| 3rd Low | 160.113 |
162.838 – 161.857 – 161.844 – 160.629 – 162.29 – 162.031 —
161.11500 – 161.12100 —
28.928096837372 – 34.145715753195 —
– —
162.838 – 1782885600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –