Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 153.62903 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 153.919 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish SBS White Lines’ chart pattern is existing. The chart forms ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.631 |
| 2nd High | 154.651 |
| Next High | 153.919 |
| Current Price | 153.25800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
153.919 – 153.753 – 153.568 – 152.698 – 153.251 – 152.564 —
153.39200 – 153.28000 —
51.947344728474 – 45.184041464491 —
– —
153.919 – 1771349400
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish SBS White Lines – – – – – – – – –