Sell USD/JPY – 30M – SELL

And also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 151.94800
2nd High 151.22600
Next High 150.77000
Current Price 150.12600
Next Low 149.65000
2nd Low 148.64200
3rd Low 148.39700

Download USD/JPY Signal Image

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