USD/JPY Trading Analysis (19/08/2025)
The trend is descending. The currency pair is trading within the 365-135 EMA range. The downward wave structure is truncated. Bearish divergence is present on the Awesome Oscillator, and the Stochastic Oscillator's signals an overbought condition.
Trade idea:
- Sell when the descending wave structure begins to form, when the wave A breaches the sloping channel of the ascending truncated structure.
- Stop-loss at 148.110.
- Price targets are 146.800 and 146.430.
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