And also a ‘Double bottom retreat down’ chart layout is found. The chart shows ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to fall.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
And also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
And also a ‘Falling Window’ candlestick chart pattern is existing. The candles show ‘Falling Window’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 156.851 |
| Current Price | 156.80300 |
| Next Low | 156.346 |
| 2nd Low | 155.523 |
| 3rd Low | 155.302 |
156.851 – 156.079 – 155.784 – 156.346 – 155.523 – 155.302 —
156.69100 – 156.94400 —
56.975882369351 – 62.865978657656 —
– —
156.851 – 1770210000
Trading Signals: FOREX – USD – USD/JPY – JPY – Falling Window – Double bottom retreat down – – – – – – – –