EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 184.284 is expected.

Caution: A possible change in the direction of the resistance level at 184.67700 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

184.67700 – 185.568 – 185.567 – 184.284 – 185.064 – 184.257 —
184.67700 – 184.57700 —
45.615891646481 – 40.479731521647 —
184.67700 – 1768431600 —
– 1768431600

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