Buy EUR/JPY – 30M – BUY

Then a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 162.48600
2nd High 162.46900
Next High 161.55600
Current Price 161.20100
Next Low 161.02900
2nd Low 160.76900
3rd Low 160.65800

Download EUR/JPY Signal Image

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