Buy USD/JPY – 1H – BUY

Additionally a ‘Double top retreat up’ chart formation is detected. The formation shows ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 158.193
2nd High 157.891
Next High 157.186
Current Price 156.25200
Next Low
2nd Low
3rd Low

157.186 – 157.891 – 155.728 – 156.197 – 155.213 – 154.813 —
156.16900 – 156.10300 —
33.94186566961 – 39.362932851012 —
– —
157.18600 – 1764003600

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