Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.372 |
| 2nd High | 160.337 |
| Next High | 160.227 |
| Current Price | 160.05900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
160.227 – 160.337 – 160.372 – 159.731 – 159.95 – 159.538 —
160.16800 – 160.12900 —
51.869351898364 – 51.94707680894 —
– —
160.227 – 1781499600
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Belt Hold – – – – – – – – –