EUR/JPY – 1H – BUY

The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline up.

A continuation of the upward movement up to the next resistance at 180.288 is expected.

Caution: A possible trend reversal in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

180.288 – 180.018 – 179.968 – 179.598 – 178.97 – 177.733 —
180.24100 – 180.02700 —
59.864294634324 – 45.66565807863 —
– —
180.28800 – 1763496000

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