USD/JPY – 30M – BUYNext a ‘Southern Doji’ candlestick chart pattern is detected. The chart forms ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.08100 |
| 2nd High | 158.06800 |
| Next High | 157.54400 |
| Current Price | 157.19900 |
| Next Low | 156.01700 |
| 2nd Low | 155.94900 |
| 3rd Low | 153.33100 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Southern Doji