Sell USD/JPY – 4H – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Three Inside Down’ candle chart pattern is discovered. The candles show ‘Three Inside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 158.875
2nd High 158.193
Next High 157.891
Current Price 155.87700
Next Low 153.615
2nd Low 152.815
3rd Low 151.537

157.891 – 154.482 – 154.444 – 156.197 – 153.615 – 152.815 —
157.18600 – 156.18500 —
57.35868249795 – 43.285512515243 —
– —
157.89100 – 1763654400

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