EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 187.361 will persist.

Caution: A possible change in the direction of the support level at 186.753 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 187.230888 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 187.361 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

187.361 – 187.329 – 187.088 – 186.988 – 187.025 – 186.987 —
187.13400 – 187.10800 —
49.550364565558 – 35.930546535525 —
– —
187.361 – 1776798000

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