Buy EUR/JPY – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 186.2 is considered certain.

Caution: A possible change in the direction of the support zone at 185.386 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 185.919874 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 186.2 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 187.948
2nd High 187.554
Next High 186.2
Current Price 185.72900
Next Low 185.386
2nd Low 185.179
3rd Low 184.891

186.2 – 185.977 – 185.978 – 185.795 – 185.386 – 185.179 —
185.89600 – 185.70500 —
42.159914168266 – 36.754043966862 —
– —
186.2 – 1780412400

Trading Signals:

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