Sell USD/JPY – 30M – SELL

Moreover a ‘Bearish Engulfing’ chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 157.92300
Next High 156.68800
Current Price 156.59600
Next Low 155.94900
2nd Low 153.33100
3rd Low 153.15600

Download USD/JPY Signal Image

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