Sell USD/JPY – 1H – SELL

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 158.7155 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 159.84 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 160.028
2nd High 159.856
Next High 159.84
Current Price 159.22500
Next Low 159.1
2nd Low 158.549
3rd Low 157.591

159.84 – 159.636 – 159.198 – 159.309 – 159.1 – 158.549 —
159.46300 – 159.47300 —
41.75352647973 – 40.121580217464 —
– —
159.84 – 1776974400

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