Sell USD/JPY – 30M – SELL

Also there is a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Tweezers Top’ candle chart pattern is detected. The candles show ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 159.452
2nd High 159.223
Next High 157.656
Current Price 156.66900
Next Low 156.507
2nd Low 156.346
3rd Low 155.523

157.656 – 157.153 – 157.092 – 156.776 – 156.507 – 156.527 —
157.62800 – 156.91000 —
55.450552039029 – 45.733470554109 —
– —
157.656 – 1770598800

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