EUR/JPY – 4H – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 186.201 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 183.986 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 186.201 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 186.201 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

185.568 – 186.201 – 186.2 – 183.986 – 185.118 – 184.891 —
185.26600 – 185.48900 —
40.8280408081 – 51.053340380221 —
– —
185.568 – 1781107200

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