Buy EUR/JPY – 1H – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. 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 ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 185.995
2nd High 182.532
Next High 182.278
Current Price 181.77200
Next Low
2nd Low
3rd Low

182.278 – 182.532 – 185.995 – 181.12 – 180.801 – 180.845 —
181.78200 – 182.21300 —
56.140807715667 – 55.620946598059 —
– —
182.278 – 1770980400

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