Buy USD/JPY – 1H – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 157.891
2nd High 157.186
Next High 156.734
Current Price 156.35800
Next Low
2nd Low
3rd Low

156.734 – 157.186 – 157.891 – 155.718 – 155.651 – 156.197 —
156.40100 – 156.35400 —
55.033203344205 – 50.268289047132 —
– —
156.73400 – 1764172800

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