Buy EUR/JPY – 4H – BUY

Besides a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

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

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 185.61800
Next Low 182.715
2nd Low 182.631
3rd Low 181.565

185.568 – 184.422 – 184.918 – 182.715 – 182.631 – 182.807 —
185.46300 – 185.11700 —
70.656406704624 – 58.017292841946 —
– —
185.56800 – 1768377600

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