Buy EUR/JPY – 1H – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

An ascent up to the next resistance level at 185.568 will persist.

Caution: A possible trend reversal in the direction of the support zone at is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

Support & Resistance Price Range*
3rd High 187.554
2nd High 186.201
Next High 185.568
Current Price 185.38100
Next Low
2nd Low
3rd Low

185.568 – 185.462 – 184.992 – 184.949 – 184.6 – 183.986 —
185.27900 – 185.37900 —
48.448158012979 – 52.837177587662 —
– —
185.568 – 1781107200

Trading Signals:

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