EUR/JPY – 30M – BUY

Also there is a ‘Inverse Head and Shoulder chart pattern’ chart layout is found. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.

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

A bullish ascent up to the next resistance line at 181.268 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 180.4 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

180.778 – 180.598 – 180.64 – 180.4 – 180.132 – 180.189 —
180.69200 – 180.74300 —
64.195546284538 – 59.711663856828 —
– —
180.77800 – 1764644400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –