EUR/JPY – 30M – BUY

There is also a ‘Falling Wedge Chart Pattern’ chart layout is found. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to go up.

The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards

The bullish trend up to the next resistance level at 167.31300 will continue.

Caution: A possible counter-trend in the direction of the support zone at 166.02800 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

167.31300 – 167.05300 – 167.04700 – 166.02800 – 166.32000 – 166.69900

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