EUR/JPY – 1H – BUY

Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 180.7935 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 180.76800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

180.76800 – 181.287 – 181.455 – 180.394 – 180.796 – 180.132 —
180.76800 – 180.37300 —
40.021526474671 – 38.242935818484 —
180.76800 – 1764900000 —
– 1764900000

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