EUR/JPY – 30M – BUYAnd also a ‘Bullish Meeting Lines’ candle pattern is existing. The candles show ‘Bullish Meeting Lines’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.92700 |
| 2nd High | 163.79700 |
| Next High | 163.77000 |
| Current Price | 163.64500 |
| Next Low | 163.17200 |
| 2nd Low | 163.01700 |
| 3rd Low | 162.84100 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Meeting Lines