Buy USD/JPY – 1H – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 160.459
Current Price 159.61100
Next Low 159.324
2nd Low 159.281
3rd Low 158.365

160.459 – 159.844 – 159.186 – 159.324 – 159.281 – 158.365 —
159.73300 – 159.74100 —
50.741941378802 – 50.203169009056 —
– —
160.459 – 1774832400

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