EUR/JPY – 1H – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 181.455 will continue.

Caution: A possible trend reversal in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

181.455 – 181.355 – 181.268 – 180.796 – 180.132 – 180.189 —
181.16200 – 181.27700 —
48.32117488647 – 45.711169777309 —
– —
181.45500 – 1764774000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – – – – – –