Also there is a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Also there is a ‘Tweezers Top’ candle chart pattern is detected. The candles show ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 157.656 |
| Current Price | 156.66900 |
| Next Low | 156.507 |
| 2nd Low | 156.346 |
| 3rd Low | 155.523 |
157.656 – 157.153 – 157.092 – 156.776 – 156.507 – 156.527 —
157.62800 – 156.91000 —
55.450552039029 – 45.733470554109 —
– —
157.656 – 1770598800
Trading Signals: FOREX – USD – USD/JPY – JPY – Tweezers Top – Double top chart pattern – – – – – – – –