And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 156.85 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 157.858 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.223 |
| 2nd High | 157.965 |
| Next High | 157.858 |
| Current Price | 156.93800 |
| Next Low | 156.85 |
| 2nd Low | 155.881 |
| 3rd Low | 155.832 |
157.858 – 157.965 – 157.593 – 156.85 – 157.175 – 157.44 —
157.23600 – 157.27300 —
42.947609927035 – 39.335475160799 —
– —
157.858 – 1772589600
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – – – – – – – – –