Buy USD/JPY – 4H – BUY

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Southern Doji’ candle pattern is discovered. The candles form ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 160.459
Current Price 158.72700
Next Low 157.504
2nd Low 157.271
3rd Low 156.449

160.459 – 159.653 – 159.895 – 157.504 – 157.271 – 156.449 —
159.72300 – 159.44000 —
47.32358933291 – 39.190862514718 —
– —
160.459 – 1774828800

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