There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

162.078 – 162.179 – 162.425 – 161.257 – 160.488 – 160.918 —
161.95400 – 161.93900 —
46.592422397549 – 47.307802610291 —
– —
162.078 – 1783418400

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –

The currency pair US Dollar/Japanese Yen (USD/JPY) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 161.257 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 162.179 could happen.
Consider stop-loss settings accordingly.

162.179 – 162.425 – 161.517 – 161.257 – 160.488 – 160.918 —
161.92400 – 162.03000 —
38.304830266715 – 52.796886357931 —
– —
162.179 – 1783393200

Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –