The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 184.402 will persist.
Caution: A possible change in the direction of the support level at 182.637 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochOSC Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bullish Divergence’. signal.
Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 184.583 |
| Next High | 184.402 |
| Current Price | 183.81200 |
| Next Low | 182.637 |
| 2nd Low | 182.282 |
| 3rd Low | 182.045 |
184.402 – 184.583 – 187.554 – 182.637 – 182.282 – 186.675 —
184.02300 – 183.80300 —
47.449120864991 – 44.960871270909 —
– —
184.402 – 1777874400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – – – – – –