Buy USD/JPY – 1H – BUY

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 155.62 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 155.539 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 156.577
2nd High 156.176
Next High 155.539
Current Price 155.05200
Next Low 154.506
2nd Low 153.615
3rd Low 153.005

155.539 – 156.176 – 156.577 – 154.506 – 155.01 – 154.665 —
154.96100 – 155.22600 —
45.686073338372 – 46.446717117129 —
– —
155.53900 – 1764824400

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