Also there is a ‘Double bottom chart pattern’ chart formation is discovered. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.975 |
| 2nd High | 155.88 |
| Next High | 155.518 |
| Current Price | 155.42300 |
| Next Low | 154.813 |
| 2nd Low | 154.413 |
| 3rd Low | 153.615 |
155.373 – 155.302 – 154.74 – 154.813 – 154.413 – 153.615 —
155.19200 – 155.26300 —
48.09346120514 – 57.631146432359 —
– —
155.37300 – 1763431200
Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Double bottom chart pattern – – – –