Also there is a ‘Double top chart pattern’ chart formation is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Also there is a ‘Bearish Belt Hold’ candlestick pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.223 |
| 2nd High | 157.656 |
| Next High | 156.29 |
| Current Price | 155.30900 |
| Next Low | 155.302 |
| 2nd Low | 154.547 |
| 3rd Low | 153.704 |
156.29 – 157.656 – 157.153 – 155.517 – 156.213 – 156.776 —
155.32500 – 155.63100 —
29.060013271996 – 45.28510000732 —
– —
156.29 – 1770690600
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Belt Hold – Double top chart pattern – – – – – – – –