Buy EUR/JPY – 1H – BUY

The combination Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline up.

A continuation of the upward movement up to the next resistance level at 185.035 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 182.039 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 187.948
2nd High 187.554
Next High 185.035
Current Price 183.70900
Next Low 182.039
2nd Low 181.866
3rd Low 180.816

185.035 – 184.402 – 184.583 – 182.039 – 183.16 – 182.637 —
183.46100 – 183.75600 —
34.199612010491 – 44.567357467843 —
– —
185.035 – 1778047200

Trading Signals:

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