EUR/JPY – 30M – BUYAlso there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Also there is a ‘Last Engulfing Top’ candlestick chart pattern is found. The chart shows ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.80100 |
| 2nd High | 162.66700 |
| Next High | 162.31500 |
| Current Price | 161.67600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
162.31500 – 162.66700 – 162.15700 – 160.97900 – 161.77200 – 161.54600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Last Engulfing Top