EUR/JPY – 30M – BUYThere is also a ‘Double bottom chart pattern’ chart formation is detected. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 180.288 will continue.
Caution: A possible trend reversal in the direction of support at 179.773 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 180.288 |
| Current Price | 180.48700 |
| Next Low | 179.773 |
| 2nd Low | 179.598 |
| 3rd Low | 179.346 |
180.288 – 180.018 – 180.014 – 179.773 – 179.78 – 179.598 —
179.98600 – 180.27800 —
48.613937862176 – 54.035322157528 —
– —
180.28800 – 1763496000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom chart pattern – – – –