Sell USD/JPY – 1H – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 162.704
2nd High 162.481
Next High 162.417
Current Price 162.11800
Next Low
2nd Low
3rd Low

162.417 – 162.481 – 161.89 – 161.603 – 161.276 – 161.282 —
162.27700 – 162.22900 —
49.025145145677 – 50.827212480881 —
– —
162.417 – 1784120400

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