Buy USD/JPY – 1H – BUY

Next a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 154.72000
2nd High 151.94800
Next High 151.22600
Current Price 149.77600
Next Low 148.64200
2nd Low 148.39700
3rd Low 148.23700

Download USD/JPY Signal Image

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