EUR/JPY – 1H – BUYThe pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 183.572 is certain.
Caution: A possible change in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.869 |
| 2nd High | 183.766 |
| Next High | 183.572 |
| Current Price | 183.41400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.572 – 183.766 – 183.685 – 182.57 – 182.099 – 181.783 —
183.52400 – 183.40000 —
54.237508051349 – 54.415176088824 —
– —
183.57200 – 1769623200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Inverse Head and Shoulder chart pattern – – – – – – – –