The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 184.689 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 183.053 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ” indicator signal is discovered. The indicator shows ”. which is often a bullish signal. The currency pair could go up.
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There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.995 |
| 2nd High | 184.768 |
| Next High | 184.689 |
| Current Price | 184.02200 |
| Next Low | 183.053 |
| 2nd Low | 182.367 |
| 3rd Low | 182.112 |
183.761 – 183.63 – 183.384 – 183.053 – 182.367 – 182.112 —
183.62700 – 183.61600 —
58.430685781809 – 57.180752926059 —
– —
183.761 – 1773151200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – – – – – – – – –