Buy EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance level at 163.01500 is certain.

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

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 164.51800
2nd High 164.01600
Next High 163.01500
Current Price 162.77000
Next Low
2nd Low
3rd Low

163.01500 – 162.48500 – 162.94800 – 162.37800 – 161.59100 – 162.37600

Download EUR/JPY Signal Image

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