USD/JPY – 1H – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘Latter Bottom’ chart pattern is detected. The chart forms ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.02700 |
| 2nd High | 143.89300 |
| Next High | 142.75600 |
| Current Price | 142.67600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
142.75600 – 143.89300 – 144.02700 – 141.96400 – 141.97200 – 142.27500
Trading Signals: FOREX – USD – USD/JPY – JPY – Latter Bottom