EUR/JPY – 1H – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 184.653 will continue.

Caution: A possible reversal of the trend in the direction of support at 183.862 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

184.653 – 184.471 – 184.599 – 183.862 – 183.864 – 183.967 —
184.43000 – 184.02100 —
46.334948358827 – 39.920628017914 —
– —
184.653 – 1774638000

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