Buy USD/JPY – 1H – BUY

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 160.721
2nd High 157.326
Next High 157.299
Current Price 157.81100
Next Low
2nd Low
3rd Low

157.299 – 157.245 – 157.326 – 157.076 – 156.564 – 155.495 —
157.88100 – 157.70000 —
68.988528420745 – 51.249333177877 —
– —
157.299 – 1777921200

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