Buy EUR/JPY – 4H – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart forms ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 186.869
2nd High 186.232
Next High 183.153
Current Price 182.65100
Next Low 180.816
2nd Low 180.801
3rd Low 180.091

183.153 – 182.294 – 186.232 – 180.816 – 180.801 – 184.353 —
182.57900 – 182.75300 —
53.935527284398 – 49.726518682858 —
– —
183.153 – 1771488000

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