Sell USD/JPY – 1H – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 157.891
2nd High 157.76
Next High 157.295
Current Price 156.33200
Next Low
2nd Low
3rd Low

157.295 – 156.998 – 156.992 – 156.112 – 156.559 – 156.514 —
156.50600 – 156.44600 —
45.187882290247 – 44.793378975082 —
– —
157.29500 – 1767592800

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