Buy USD/JPY – 30M – BUY

In addition a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 154.21600
2nd High 151.94800
Next High 150.52800
Current Price 150.18000
Next Low 149.46000
2nd Low 149.08300
3rd Low 148.86600

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