EUR/JPY – 30M – BUY

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

A bullish ascent up to the next resistance at 182.004 will persist.

Caution: A possible change in the direction of support at 181.409 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

182.004 – 181.787 – 182.169 – 181.409 – 180.816 – 181.695 —
181.99900 – 181.81700 —
59.281950402888 – 51.860669453688 —
– —
182.004 – 1771387200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Engulfing – – – – – – – – –