Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 158.7155 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 159.84 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.028 |
| 2nd High | 159.856 |
| Next High | 159.84 |
| Current Price | 159.22500 |
| Next Low | 159.1 |
| 2nd Low | 158.549 |
| 3rd Low | 157.591 |
159.84 – 159.636 – 159.198 – 159.309 – 159.1 – 158.549 —
159.46300 – 159.47300 —
41.75352647973 – 40.121580217464 —
– —
159.84 – 1776974400
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – – – – – – – – –