Buy USD/JPY – 1H – BUY

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 155.518
2nd High 154.798
Next High 154.482
Current Price 153.54700
Next Low
2nd Low
3rd Low

154.482 – 154.294 – 154.409 – 153.313 – 153.921 – 153.986 —
153.54000 – 153.67800 —
32.227650327299 – 46.690352894998 —
– —
154.48200 – 1762225200

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